Albemarle’s quarterly profit drops 45% as lithium sales slow

  • Thursday, August 6, 2020
  • Source:ferro-alloys.com

  • Keywords:Albemarle,lithium
[Fellow]Albemarle’s quarterly profit drops 45% as lithium sales slow

[ferro-alloys.com]Albemarle, the world’s largest producer of lithium for electric vehicle batteries, posted a 45% drop in second-quarter profit on Wednesday as sales dropped across all its divisions.

The company posted net income of $85.6 million, or 80 cents per share, compared to $154.2 million, or $1.45 per share, in the year-ago quarter.

(Mining.com)

  • [Editor:王可]

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