Albemarle Corporation is a global specialty chemicals company known for its significant role in the lithium supply chain for electric vehicle and energy storage batteries. Headquartered in Charlotte, North Carolina, it operates on six continents, spanning resource extraction, chemical processing, and advanced materials production.
The company’s operations are organized into three segments: Lithium (battery-grade lithium hydroxide and carbonate, specialty lithium salts, and organometallics), Bromine Specialties (bromine and brominated derivatives used in fire safety, energy, and industrial applications), and Ketjen (a wholly owned catalyst business serving petroleum refining and petrochemicals). Albemarle sources lithium from brine and hard-rock deposits and runs conversion facilities to produce high-purity battery materials. Its products support markets including electric mobility, grid storage, electronics, construction, pharmaceuticals, and fuels refining. Albemarle is listed on the New York Stock Exchange under the ticker ALB.
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Net sales $1.7bn; adj. EBITDA $858m; Energy Storage driving results; capex trimmed to ~$500m; expected 225–235 kt LCE sales volume range after Talison CGP3 fire.
David Dennison, with nearly 30 years of industry experience, will succeed Dave Kinney, who retires after 35 years, as head of investor relations.
New ownership will accelerate catalyst and additive R&D, deploy AI/advanced analytics, and retain a global manufacturing and technical support network.
