Albemarle Corp
ALB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Ww | LOCK|VhRM | LOCK|m@sDb<^ |
Lithium Producer Shares Rally on Mine Closure and Subsequent Rising Futures Prices
Battery maker and lithium producer Contemporary Amperex Technologies announced it was suspending production at one of its largest lithium mines for six to 12 months due to an expired mining permit. Lithium futures prices and producer shares rallied on the news.
