Albemarle Corp (ALB) News & EventsALBAlbemarle Corp

Albemarle Raises 2026 Outlook to $1.4 to $1.6 Billion

Albemarle said: "Improving full-year 2026 outlook considerations including, increasing full-year Specialties net sales outlook to $1.4 to $1.6 billion and adjusted EBITDA outlook to $275 to $325 million, due to stronger-than-expected pricing and volume performance year to date; Expect minimal impact to Energy Storage sales volume related to the fire at Talison CGP3 which occurred on June 9, in part due to better-than-planned output from the Wodgina mine; Reducing full-year capital expenditure forecast to approximately $500 million due to ongoing capital efficiency improvements."

Albemarle Reports Q2 Revenue of $1.7B

Reports Q2 revenue $1.7B, consensus $1.63B. "Albemarle delivered another quarter of strong results, reflecting improved pricing, continued strength in Specialties, disciplined cost and productivity execution, and strong cash generation," said Kent Masters, Chairman and CEO. "We continue to see resilient demand fundamentals across our core markets, including energy storage, electric vehicles, and semiconductors. We are advancing our highest value organic growth opportunities while maintaining a disciplined approach to capital allocation and execution."