Albemarle Corporation (NYSE:ALB) Q1 2024 Earnings Call Transcript May 2, 2024 Albemarle Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello and welcome to Albemarle Corporation’s Q1 2024 Earnings Call. I will now hand it over to Meredith Bandy, […]
ALB earnings call for the period ending March 31, 2024.
Lithium prices may finally be bottoming out, creating substantial opportunity for some of the world’s top lithium stocks to buy. For one, Bank of America analyst Steven Byrne sees lithium prices averaging about $14,000 per metric ton, as noted by Barron’s. That’s up from a previous estimate for $10,000. For 2025, he says prices could reach $16,300 from prior estimates for $15,500. Two, should we see a stronger green energy boom, and a global recovery in electric vehicle sales, lithium prices sho