Lithium stocks may have been crushed by oversupply issues but I’d use weakness as an opportunity to buy. That’s because the supply issues and low lithium prices are just temporary. For one, lithium prices will eventually push higher again. That’s because, as I noted on Jan. 21, “With some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and send lithium prices higher with demand.” Second, when interest rates start to come back down, we should see ...

Tough times require tough cost-cutting decisions, including job layoffs. However, to get a company back on the right track, reach profitability, and increase margins, they’re often required. Below are just a few of the top post-layoffs stocks that should flourish, as they get back on the right track. We also have to consider that job cuts and a new focus on operational efficiencies will eventually reward companies and their shareholders. Let’s talk about seven post-layoffs stocks that are likely to trend hi ...

The recent rise in lithium prices has spurred optimism among investors — particularly for Australian lithium miners amid reports of tightening supplies. Unconfirmed news of Chinese battery giant CATL closing down its Jianxiawo lithium mine before the Lunar New Year holiday has fueled speculation of potentially tighter market conditions. These developments are likely to help beaten-down lithium stocks to stabilize after a brutal 2023 year. With CATL being one of the world’s largest lithium producers, the rep ...

Key PointsAs lithium becomes a more wanted commodity amidst the growth of EV and battery presence, you should pay attention.Two names are the better targets to consider in this new wave, offering double-digit growth and upside on solid financials.One last worthy mention is the riskier of the group, but also a triple-digit jumper if you have the stomach for it. 5 stocks we like better than BYDThe world used to run on coal and other types of fuel that powered the different titans of industry. This cycle start ...

Summary of Albemarle Corporation Conference Call Company Overview - **Company**: Albemarle Corporation (NYSE: ALB) - **Industry**: Lithium production, bromine, and catalyst businesses Key Points and Arguments Lithium Market Dynamics - **Price Rebound**: The CEO indicated that lithium prices are expected to rebound based on supply-demand balance and anticipated growth in demand. Current pricing is affecting supply volumes, which are coming out slower than expected [3][4][5] - **Supply Cuts**: There is a consensus that more production needs to come out of the market to stabilize prices. The CEO mentioned that higher-cost supply in China is a significant factor [5][6] - **Cost Curve**: The cost curve for lithium production is complex, with many mines operating between $10 and $20. As prices drop, higher-cost producers are expected to exit the market [7][8] Operational Challenges - **Data Reliability**: The CEO expressed concerns about the reliability of industry data, emphasizing the need for better information to make operational decisions [10][11] - **Inventory Levels**: There is a significant amount of inventory in the battery supply chain, which is impacting restocking of lithium products. The company anticipates EV growth in the mid-30s and lithium growth in the mid-20s, with inventory accounting for the difference [14][13] Strategic Decisions - **CapEx Management**: The company is focusing on efficient capital spending, particularly on projects nearing completion. The CEO highlighted the importance of maintaining a balance sheet while pursuing growth opportunities [27][28][29] - **Operational Efficiency**: Albemarle aims to improve operational efficiency, targeting a reduction of $300 million in costs, primarily in conversion operations [32] Market Sentiment and Policy - **U.S. EV Market**: The CEO noted that the U.S. EV market is lagging behind China, and current policies like the IRA are not sufficient to incentivize necessary investments [22][24][26] - **Future of Lithium Supply**: The CEO discussed the potential for changes in feedstock strategies, including the upgrading of lithium carbonate and the shipping of lithium sulfate, but noted that these strategies are still in early discussions [43][44] Non-Core Asset Management - **Asset Sales**: The company is considering the sale of non-core assets, particularly in the catalyst business, to strengthen its balance sheet. The CEO mentioned that they are managing these assets as if they were a private equity firm [45][46] Investor Relations - **Valuation Concerns**: The CEO acknowledged that investors are currently valuing lithium producers as mining companies rather than specialty chemicals producers, which is not reflective of the company's capabilities [55][56] - **Underappreciated Aspects**: The CEO believes that investors may not fully appreciate the company's resource breadth, cost position, and technical capabilities in building conversion assets [58] Additional Important Insights - **Joint Ventures**: The complexities of managing joint ventures, particularly with partners in Greenbushes and Talison, were highlighted as a challenge in aligning production and capital expenditures [34][36] - **Future Projects**: The CEO indicated that future projects would depend heavily on market conditions and pricing recovery, with a cautious approach to new investments [50][52] This summary encapsulates the key discussions and insights from the Albemarle Corporation conference call, focusing on the lithium market, operational strategies, and investor relations.

The International Energy Agency predicts that “installed battery capacity worldwide will increase tenfold to sixteenfold by 2030.” McKinsey believes that 120 to 150 new battery plants need to be built between 2023 and 2030 to meet the impending demand. If these estimates hold, battery stocks could see incredible upside.Over the last few quarters, electric vehicle sales and stocks have been depressed. This has translated into a correction for some of the best battery stocks. However, considering the long-ter ...

Lithium stocks can still reward investors with strong gains due to the increasing demand for electric vehicles (EVs) and renewable energy storage solutions. Governments worldwide are implementing policies to reduce carbon emissions and move away from fossil fuels. So, the shift towards electric mobility and renewable energy storage is expected to accelerate, perhaps faster than some investors anticipate today.These three lithium stocks can potentially offer significant returns to investors who are looking t ...

Always take advantage of excessive fear in the markets. Look at lithium stocks, for example. Many of the top lithium names were trampled by oversupply issues, and concerns about electric vehicle demand. But you want to use that fear to your advantage, just as Warren Buffet, Sir John Templeton and Baron Rothschild would tell you.Sir John Templeton, for example, taught us to buy excessive pessimism. Warren Buffett says that a “climate of fear is your friend when investing; a euphoric world is your enemy.” Eve ...

simonkr Welcome to the February 2024 edition of the lithium miner news. The past month saw lithium prices generally flat. Lithium price news Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 0.59% and the China lithium hydroxide (56.5% min.) price was down 2.18%. The Lithium Iron Phosphate (3.9% min) price was flat (0.0% change). The Spodumene (6% min) price was flat (0.0% change) over the past 30 days. Metal.com reported lithium spodumene c ...

CHARLOTTE, N.C., Feb. 22, 2024 /PRNewswire/ -- The Board of Directors of Albemarle Corporation (NYSE: ALB) announces that it has declared a quarterly dividend of $0.40 per share. The dividend, which has an annualized rate of $1.60, is payable April 1, 2024, to shareholders of record at the close of business as of March 15, 2024. About Albemarle  Albemarle Corporation (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. We p ...