| 2023-12-05 | -5.6 % |
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| 2023-12-04 | -4.9 % |
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| 2023-11-27 | -6.28 % |
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| 2023-11-17 | +3.91 % |
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| 2023-11-14 | +9.75 % |
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| 2023-11-02 | +1.35 % |
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| 2023-11-01 | -3.01 % |
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| 2023-10-31 | -0.49 % |
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| 2023-10-30 | -5.23 % |
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| 2023-10-26 | -0.08 % |
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| 2023-10-18 | -9.79 % |
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| 2023-10-16 | +2.66 % |
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| 2023-10-13 | -4.34 % |
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| 2023-10-11 | +1.68 % |
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| 2023-10-06 | +3.1 % |
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| 2023-10-05 | -2.13 % |
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| 2023-09-29 | -1.37 % |
- Albemarle Corporation (ALB) stock went down by 1.37% in the most recent trading session, likely due to a combination of factors such as the company's lower earnings expectations and negative analyst revisions. Additionally, the stock may be trading at a discount compared to its industry based on its Forward P/E ratio and PEG ratio. The Chemical - Diversified industry, to which Albemarle belongs, has a lower Zacks Industry Rank compared to other industries. Investors are advised to monitor these stock-moving metrics using Zacks.com.
- The article discusses how Russia has significantly larger lithium reserves than countries like Australia and the US, with lower production costs, and argues that the US government is trying to sabotage Russia's ability to meet its lithium requirements. The article explains that Russia is planning to combine its lithium mining projects with Bolivia, which has the largest lithium reserves in the world, in order to create a surplus of lithium production and dominate the global lithium trade. The US is concerned about this plan and the strained relationship between the US and Bolivia, as it wants to maintain control over the lithium market. The article also mentions that Albemarle Corporation, a lithium mining company, announced Pentagon funding for mining equipment to reopen a mine in North Carolina, highlighting the US government's efforts to secure domestic lithium production. Overall, the article suggests that the decline in Albemarle Corporation's stock may be influenced by the potential competition from Russia and the uncertain future of the lithium market.
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| 2023-09-28 | +6.01 % |
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| 2023-09-22 | -0.43 % |
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| 2023-09-21 | -3.15 % |
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| 2023-09-20 | -3.08 % |
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| 2023-09-13 | +0.12 % |
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| 2023-09-12 | -1.06 % |
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| 2023-09-11 | +1.02 % |
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| 2023-09-07 | -1.19 % |
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| 2023-09-06 | -5.46 % |
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| 2023-09-01 | +0.78 % |
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| 2023-08-28 | -0.05 % |
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| 2023-08-17 | +0.63 % |
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| 2023-08-15 | -0.81 % |
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| 2023-08-14 | -1.04 % |
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| 2023-08-09 | -0.73 % |
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| 2023-08-08 | -0.56 % |
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| 2023-08-07 | -1.67 % |
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| 2023-08-04 | +0.37 % |
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| 2023-08-03 | -1.74 % |
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| 2023-08-02 | -2.45 % |
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| 2023-08-01 | -2.02 % |
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| 2023-07-26 | -1.17 % |
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| 2023-07-25 | +0.81 % |
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| 2023-07-24 | -2.4 % |
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| 2023-07-20 | -4.05 % |
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| 2023-07-18 | -0.27 % |
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| 2023-07-11 | -0.32 % |
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| 2023-07-05 | -0.1 % |
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| 2023-06-26 | +2.29 % |
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| 2023-06-21 | -0.79 % |
- Shares of Albemarle Corporation (ALB) went down by 0.79% last night due to concerns over the security of critical minerals supply chains as the Canadian mining sector looks to create the world's most secure supply of critical minerals without Chinese involvement through exploration at Power Metals Corp.'s Case Lake property, which holds high-grade lithium, cesium, and tantalum, all critical to the development of cutting-edge technologies like 5G, aerospace, defense, and electric vehicles.
- Canadian junior miner Power Metals Corp's potential cesium mine at the Case Lake property, where the metal has been discovered alongside lithium and tantalum, could significantly reduce Western reliance on China for rare earth minerals critical to national security, thereby prompting Australian investors to move in after the Canadian federal government demanded that Chinese investors divest their stake. Albemarle Corporation's stock went down as a result of apparent global concerns over the Covid pandemic.
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| 2023-06-20 | +1.77 % |
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| 2023-06-08 | +0.37 % |
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