Strong lithium prices boost Albemarle’s 2017 earnings

• Autores: Michael Greenfield
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 601, 2018 (Ejemplar dedicado a: Abril)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Albemarle plans continued growth in 2018 after raising earnings by 17% last year.

    Higher lithium prices were a key driver behind a 17% year-on-year increase in earnings before interest, taxes, depreciation and amortization (Ebitda) at Albemarle Corp in 2017 to $885.5 million.

    Albemarle’s lithium business grew by 56% in 2017 from the previous year, contributing $137 million to its Ebitda figure in the fourth quarter alone, the producer said.