Lithium miner Albemarle boosts earnings outlook for 2022 on more contract renegotiations

Global lithium and bromine producer Albemarle announced improved full-year guidance figures for 2022 on Monday May 23, after it renegotiated additional lithium supply contracts, linking them to a variable pricing mechanism.

The boost to the United States-based company’s outlook reflected additional index-referenced, variable-price contracts for sales of battery-grade lithium.

This was the second upgrade to the company’s full-year guidance following...

Published

Dalila Ouerghi

May 24, 2022

13:55 GMT

London