Cost ImprovementsALB is making significant cost and productivity improvements, targeting $300-400 million in savings by the end of 2025, which could benefit the company when market conditions improve.
Lithium Demand GrowthGlobal lithium demand projected to grow 26% in 2025 – bolstered by EV demand growth and further upside in BESS applications.
Operational EfficiencyAlbemarle is enhancing its operational efficiency in FY25 by optimizing capacity, increasing customer prepayments, and improving inventory management.