kungpao
2022-05-13
Buy $Albemarle(ALB)$. Albemarle is a leading producer of lithium (42% of net sales), bromine (35%) and refining catalysts (23%).

The company is targeting significant growth, about 3x  2021 adj. EBITDA in five years (by 2026), mostly from the EV boom. Energy storage is expected to be >85% of Albemarle Lithium revenues by 2026.

By 2025, annual demand for lithium will to rise to 1.5 million metric tons of lithium carbonate equivalent - up from about 500,000 metric tons used in 2021. ALB will benefit from increased demand, both in volume and in lithium prices.
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Comments

  • LeonaClemens
    2022-05-13
    LeonaClemens
    Which price range do you think it's worth buying ALB?
  • SakuraSakura
    2022-05-14
    SakuraSakura

    [Like] 

  • AndreaClarissa
    2022-05-13
    AndreaClarissa
    Thanks for sharing,will add to my watchlist now
  • Snakewood
    2022-05-17
    Snakewood
    i think i'm late... $200 can go in.. now about 15% up already.. šŸ˜­šŸ˜­ missed
  • RKT
    2022-05-17
    RKT
    Good info. Thanks for sharing
  • Ragz
    2022-05-29
    Ragz
    Long term investment
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