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Albemarle lays off 4% of its total workforce

Albemarle at that time did not specify the number of job cuts, but indicated the moves would save at least $50 million in 2024 alone. An Albemarle spokesperson did not immediately respond to requests for comment from Reuters. The company's stock fell about 1% in Monday morning trading alongside shares of other lithium producers. ....

Pooja Desai , Kabir Dweit , North Carolina Based , Lithium Producers ,

Mining Tycoons Turn Up Heat at Australian Lithium Junior Azure

(Bloomberg) Two of Australia’s best-known mining entrepreneurs are set to determine the future of lithium junior Azure Minerals Ltd., having built stakes that add up to a combined 30% — enough to threaten an agreed A$1.6 billion ($1 billion) cash bid from Chilean giant SQM.Most Read from BloombergAmazon’s Jeff Bezos Announces Move to Miami From SeattleSam Bankman-Fried Convicted of Fraud in Stunning FTX CrashBiggest Cross-Asset Rally This Year Takes Wall Street by StormIceland’s Blue Lagoon o ....

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Lithium Giant Albemarle Nears $4.3 Billion Liontown Takeover

(Bloomberg) Australian lithium miner Liontown Resources Ltd. said it is willing to back a new A$6.6 billion ($4.3 billion) takeover offer from Albemarle Corp., the world’s top producer of the battery metal.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X ....

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