Albemarle Announces Asset and Cost Actions to Enhance Competitiveness and Proactively Respond to Dynamic Market Conditions

Actions include immediate footprint changes to its Kemerton site in Australia, as well as a full review of cost and operating structureCHARLOTTE, N.C., July 31, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced it has launched a comprehensive review of its cost and operating structure, as well as immediate asset actions at its Kemerton lithium processing site in Australia. The company is taki ...