Albemarle's Lithium Business To Benefit From Consumer Expectations For Longer EV Range

About: Albemarle Corporation (ALB)
by: Zoltan Ban
This article is exclusive for subscribers.
Zoltan Ban
Commodities, macro, gold & precious metals, long/short equity

Albemarle's stock performance has been hit hard by forecasts of lithium supply surplus in the next few years.

Despite market negativity surrounding all lithium miners, Albemarle's financial results have been solid, making its current valuation very attractive.

Wild lithium supply/demand balance swings in both directions should be expected next decade, making Albemarle an ideal lithium play, given its Bromide and Catalysts sectors, which provide extra financial stability.

Albemarle (ALB) is currently my second-worst portfolio performer. I bought this stock with the intent to get indirect exposure to the growth trend we have seen in EV sales. The stock has been