China Is Whipsawing the EV Battery Industry. This Time Albemarle Stock Plummets.

Core Viewpoint - Shares of lithium miner Albemarle experienced a decline following reports that Chinese producer CATL plans to restart an idled mine [1] Company Summary - Albemarle, a key player in the lithium mining sector, saw its stock drop early Tuesday due to competitive actions from CATL, a major Chinese producer [1] Industry Summary - The lithium mining industry is facing potential shifts in supply dynamics as CATL's decision to restart an idled mine could impact market conditions and pricing for lithium [1]