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Specialty chemicals and battery materials supplier
albemarle.comLast updated
In short: Albemarle reported strong 2026 earnings, appointed BHP executive Ragnar Udd as CEO, and averted a major lithium strike in Chile operations.
Kent Masters transitions to Executive Chairman upon the February 2027 leadership handoff. Udd brings over twenty-five years of global natural resources experience from his current role at BHP.
Net sales rose 31% to $1.7 billion, with adjusted EBITDA up 155% to $858 million, driven by higher lithium pricing.
He brings over 30 years of leadership in mining and logistics, formerly CEO of Vale, and will serve on audit and sustainability committees.
It hosts an earnings call on May 7 at 8:00 a.m. ET.
Top lithium supplier Albemarle Corporation reached a preliminary wage agreement with union leaders in Chile on the final day of mediated talks before a strike...
Albemarle said on Thursday it has appointed BHP executive Ragnar Udd as its CEO, tapping an industry veteran to lead the lithium producer.
Albemarle (ALB) down 0.9% in Monday's trading as workers at its lithium operations in Chile voted overwhelmingly to launch a strike starting September 2, threatening...
Albemarle Corp. ALB stock traded lower Tuesday as JPMorgan reduced its earnings estimates and price forecast for the lithium producer. Analyst Jeffrey Zekauskas maintained a...
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