NYSE:ALBChemicals
Idling Kemerton While Keeping Volumes Flat Could Be A Game Changer For Albemarle (ALB)
Albemarle Corporation recently idled Train 1, the last operating unit at its Kemerton lithium hydroxide plant in Western Australia, after previously halting Train 2 and cancelling further expansion, while also recording US$245.60 million of long-lived asset impairments in the fourth quarter of 2025.
Despite these cuts, Albemarle expects the Kemerton decision to lift adjusted EBITDA from the second quarter of 2026, maintain projected 2026 volumes via other production channels, and support its...