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Albemarle to slash costs as lithium prices slide
Proactive Investors· 2024-01-17 23:13
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
The Oregon Group Predicts Lithium Demand set for 20 years of Rapid Growth
Prnewswire· 2024-01-17 22:30
锂市场趋势 - 锂供应预计将面临二十年的快速增长,主要受电动汽车需求的推动[1] - 锂市场在2023年出现了显著的价格调整,导致新的锂项目停滞不前,限制了供应扩张[2] - 电池和电动汽车是锂的主要需求领域,也是增长最快的领域[3] 投资机会 - 已建立的锂生产商面临着一系列独特的挑战,为投资提供了机会,尤其是在非洲[4] - 锂市场的增长将使多个参与者受益,包括现有生产商如Albemarle (NYSE:ALB)和Pilbara Minerals (ASX: PLS),以及与锂价格密切相关的ETFs,如Horizons Global Lithium Producers Index ETF (TSE:HLIT)[5] 技术发展 - 根据BloombergNEF的数据,由于锂具有更高的能量密度、更轻的重量、更长的充电保持时间和没有记忆效应,截至2023年上半年,全球15.5%的新车销量已经使用锂作为动力源[5] - 尽管有关下一代电池技术的新研究,锂离子电池仍将在未来多年内保持主导地位[5] 深度研究报告 - 想了解更多关于锂市场、主要趋势和参与者的信息,可以访问The Oregon Group的新报告,标题为“加速全球锂竞赛内幕”[6]
Lithium Miner Albemarle Is Cutting Jobs Amid EV Slowdown. The Stock Is Up.
Barrons· 2024-01-17 21:29
Shares of lithium producers have been hammered lately as demand growth for electric vehicles slowed, and prices for lithium—a key component in EV batteries—plummeted. The pain for the industry is now entering a new phase with layoffs and reduced spending announced. ...
Albemarle Outlines Actions to Preserve Growth, Reduce Costs and Optimize Cash Flow
Prnewswire· 2024-01-17 19:45
Proactive measures to re-phase growth investments and optimize cost structure to generate long-term financial flexibility and unlock >$750 million of cash flow over the near term CHARLOTTE, N.C., Jan. 17, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today outlined a series of proactive measures underway to re-phase its organic growth investments and optimize its cost structure in response to changing e ...
Top 10 Lithium Companies To Consider As We Potentially Approach A Lithium Price Bottom
Seeking Alpha· 2024-01-17 02:34
D3signAllTheThings China lithium carbonate spot prices look to be approaching a bottom The lithium sector has been hit severely the past year, with the lithium spot price down ~80%. As a result, most lithium stocks are now badly beaten down, albeit after a huge rise in 2021 and 2022 as lithium prices surged. 5-year China lithium carbonate spot price chart (source) Trading Economics CITIC Futures forecasts China lithium carbonate prices to average CNY 100,000 in 2024, with Jiangxi lepidolite costs of pro ...
If You Can Only Buy One Lithium Stock in January, It Better Be One of These 3 Names
InvestorPlace· 2024-01-17 01:08
锂市场趋势 - 锂已成为热门商品,随着电动汽车(EVs)的日益普及,未来将全面转向EVs[1] - 由于EV销量放缓,导致锂供应高于需求,价格下跌[1] - 投资者和汽车制造商对EVs的未来持乐观态度,预计锂股票将迎来异常的一年[2] Lithium Americas(LAC)发展 - LAC是最佳的锂股之一,拥有强大的资产基础,未来现金流强劲[5] - LAC的Thacker Pass项目是最大的锂资源,具有57亿美元的净现值,有望为公司带来巨额收入[5] - LAC与通用汽车(GM)签订了为期10年的协议,确保稳定的收入[6] Albemarle Corporation(ALB)发展 - ALB计划在2027年底将锂转化能力提高至60万吨/年,有望带来稳定的收入和现金流增长[9] - ALB的股价因锂价格极端波动而下跌48%,目前交易价格为126美元,远低于52周高点[11] Livent Corp.(LTHM)财务数据 - LTHM报告2023年第三季度强劲财务数据,拥有2.11亿美元的收入和2.74亿美元的现金余额[15]
Bear of the Day: Albemarle (ALB)
Zacks Investment Research· 2024-01-16 20:31
Albemarle Corp. (ALB) is growing its sales but lithium prices have depressed earnings. This Zacks Rank #5 (Strong Sell) is expected to see a double digit decline in earnings in 2024.Albemarle is a global lithium and bromine producer. Headquartered in Charlotte, NC, it serves customers in 100 countries.A Big Miss in the Third QuarterOn Nov 1, 2023, Albemarle reported its third quarter results and missed on the Zacks Consensus by $0.96. Earnings were $2.74 versus the consensus of $3.70.Lithium prices have fal ...
Why Albemarle Stock Fell 33.4% in 2023 but Looks Primed to Rise in 2024
The Motley Fool· 2024-01-15 22:54
Shares of Albemarle (ALB -2.02%) slumped more than 50% at one point in trading in 2023 before regaining some ground in the last couple of months or so. The lithium stock still ended 2023 down 33.4%, according to data provided by S&P Global Market Intelligence.For this, you can blame a meltdown in lithium prices. Albemarle, however, is still on solid footing, and its stock price could rebound this year as investors avail this golden opportunity to buy a growth stock on the cheap.Albemarle's sales continue to ...
Redemption Road: 3 of Last Year's Worst Stocks Are Eyeing a 2024 Win
InvestorPlace· 2024-01-15 02:02
Enphase Energy (ENPH) - Enphase Energy (ENPH)去年遭遇困境,但随着传闻称美联储可能降低利率,多家太阳能相关企业成为了复苏股[6] - 分析师给予ENPH股票“超重”评级,并设定了141美元的价格目标[6] - 华尔街分析师普遍认为ENPH股票是中等买入[7] Etsy (ETSY) - Etsy (ETSY)在过去52周下跌了41%,但可能代表了股票复苏的可能性[8] - 全球电子商务市场可能在2028年达到超过5万亿美元的总市值,而ETSY只需要占据市场的一小部分就能让股价飙升[8] - ETSY可能会迎来更有利的背景,2023年个人储蓄率上升,如果货币政策变得更宽松,可能会刺激消费[9] - 分析师总体上认为ETSY是可能的复苏股,给予了中等买入评级[9] Albemarle (ALB) - Albemarle (ALB)在2023年表现糟糕,但基于长期趋势可能成为股票复苏的候选[12] - 未来,电动车行业的收入可能在年底达到6233亿美元,且该领域仍可能以9.82%的复合年增长率扩张[13] - 分析师给予ALB股票中等买入评级,并设定了177.57美元的价格目标[13]
Albemarle: Worth Dealing With Short-Term Pain For Long-Term Gain
Seeking Alpha· 2024-01-12 14:36
Just_Super For most investors in most companies, 2023 ended up being a fantastic year. Including dividends, the S&P 500 jumped 26.3%. That follows a rather difficult 2022 fiscal year in which all the market, including dividends, drop by 18.4%. But not every company fared well during the year. Specialty chemicals producer Albemarle Corporation (NYSE:ALB) was one of the unlucky ones, with a total return negative to the tune of 32.8%. Although we still don't have data covering the final quarter of 2023, the fi ...