Second-quarter lithium sales nearly tripled due to rising prices of the electric vehicle battery metal. Albemarle lithium
Albemarle Corp. raised its annual forecast on Wednesday after its second-quarter lithium sales nearly tripled due to rising prices of the electric vehicle battery metal.
The company reported second-quarter net income of $406.8 million, or $3.46 per share, compared with $424.6 million, or $3.62 per share, in the year-ago quarter.Adjusted profit in the company’s lithium division more than quadrupled, though adjusted profit in the catalyst division, which sells to the oil refining sector, fell more than 50%.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales | EngadgetCollege textbook maker Pearson eyes NFTs to claim a cut of second-hand sales
Baca lebih lajut »
Second Staten Island cop charged with using fake license tagsNow two members of the New York Police Department on Staten Island have been arrested on charges they used bogus license plates. Read more:
Baca lebih lajut »
Robinhood cutting about 23% of jobs, releases second quarter earningsThe layoffs will mostly be in operations, marketing and program management. CEO Vlad Tenev blamed inflation and a 'broad crypto market crash.'
Baca lebih lajut »
Conservatives raised more than Liberals and NDP combined in second quarter of 2022OTTAWA — The federal Conservatives raised more money than the Liberals and NDP combined during the second quarter of this year, as the party inches closer to…
Baca lebih lajut »
Carvana Can Once Again Start Selling In Illinois After Losing License For The Second Time | CarscoopsCarvana Can Once Again Start Selling In Illinois After Losing License For The Second Time | Carscoops carscoops ⚠️
Baca lebih lajut »
Ferrari boosts full-year guidance after a record second quarterFerrari increased its full-year guidance after a quarter that set records for revenue, profit and new orders.
Baca lebih lajut »