Albemarle's Asset Sales and Earnings Amid Lithium Market Volatility

Albemarle Corporation reported Q3 sales of $1.31bn and a net loss of $160.69m, alongside a goodwill impairment charge of $181.07m. The company highlighted a 7% increase in adjusted EBITDA and plans for asset divestitures expected to generate $660m in pre-tax cash proceeds. Despite lower lithium prices and industry challenges, Albemarle's improved operational efficiency and planned divestitures shape its investment narrative amid lithium market volatility.