Albemarle Corp

ALB: XNYS (USA)
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$492.00SxfvswRnbqndr

Albemarle: Focus Shifts to Free Cash Flow Generation Amid Lower Lithium Prices

Albemarle announced a plan to change its focus in 2024. The company will now prioritize free cash flow generation over pursuing lithium volume growth as quickly as possible. As a result, Albemarle will reduce capital expenditures and operating expenses amid lower lithium prices.

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