Albemarle Corp (NYSE:ALB)

$ 86.14 -2.15 (-2.44%) Market Cap: 10.12 Bil Enterprise Value: 14.77 Bil PE Ratio: 0 PB Ratio: 1.26 GF Score: 77/100

Albemarle Corp at Deutsche Bank Lithium Battery Supply Chain Conference Transcript

Dec 07, 2022 / 01:00PM GMT

Release Date Price: $257.61 (-0.15%)

Transcript

Eric W. Norris

Albemarle Corporation - President of Lithium Global Business Unit

(technical difficulty)

close to 800,000 tons, we believe, by the time the year ends for 2022. And we don't see that slowing. As you look into next year, it will be probably inching closer to 250,000 to 300,000 tons, getting very close to that, if not exceeding probably that 1 million metric ton mark. So it's a pretty rapid growth and accelerating relative to what we thought maybe a few short years ago.

Questions & Answers

Unidentified Analyst

There have been some concerns recently about EV demand growth in China perhaps moderating. What are you seeing from that perspective? What about Chinese lifting inventories looking out over the next few months here?

Eric W. Norris

Albemarle Corporation - President of Lithium Global Business Unit

So China, as many of you know, is the largest EV market in the world. It's also a market that's probably from a mix of vehicles the most diverse in that it goes from a very high end to very,

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