Albemarle Unveils Cost-Cutting Measures, Including Job Cuts, Amid Plummeting Lithium Prices

Albemarle (NYSE: ALB) announced a strategic plan on Wednesday to trim expenses as the world faces a surplus in the global supply of lithium. The move includes job cuts, a reduction in capital spending, and a postponement of a major lithium refining project in the United States, all aimed at addressing the impact of falling … Continue reading Albemarle Unveils Cost-Cutting Measures, Including Job Cuts, Amid Plummeting Lithium Prices