AllAnalyst Report
logoMorningstarDecember 01, 2020

Albemarle Corporation: Investors Who Missed the Recent Lithium Rally Should Consider SQM as Shares Remain Undervalued

Symbols
ALB
Sector(s)
Basic Materials
Rating
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Current Price
$180.14
Fair Value
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Economic Moat
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Stewardship
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Summary

Albemarle is the world's largest lithium producer. Our outlook for robust lithium demand is predicated upon increased demand for electric vehicle batteries. Albemarle produces lithium from its salt brine deposits in Chile and the U.S. and its hard rock joint venture mines in Australia. Albemarle is also a global leader in the production of bromine, used in flame retardants, and oil refining catalysts.

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