Albemarle: A Solid Play For The Lithium Market And Beyond

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About: Albemarle Corporation (ALB), Includes: CBT, FUL, GRA, LNXSF, MTX
by: Larry Hall
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Larry Hall
Long only, value, Growth, bonds
Summary

Albemarle is the lithium products leader.

The demand for lithium battery products to power Electric Vehicles and solar applications suits Albemarle well.

Projections for lithium demand increase are slightly delayed - also because of the impact of the COVID-19 virus.

The company's product line extends beyond its Lithium unit, with important roles for Catalysts and Bromine business units.

Long-term investors are advised to consider a full ALB position in a diversified portfolio.

Introduction

Albemarle (NYSE:ALB), a public company based in Charlotte, North Carolina, is an industry leader in lithium and lithium derivates. It leverages its unique natural resources to create key lithium products for rapidly