Albemarle swings to quarterly loss on charges tied to Ketjen sale

Albemarle

11/02/2026 21:27

Feb 11 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium, said on Wednesday it swung to a quarterly loss largely due to charges tied to the upcoming sale of its Ketjen refining catalyst business.

For the quarter ended December 31, the company posted a net loss of $455.9 million, or $3.87 per share, compared to a net profit of $33.6 million, or 29 cents per share, in the year-ago quarter.

 (Reporting by Ernest Scheyder; Editing by Chris Reese)

 ((ernest.scheyder@thomsonreuters.com; X: @ErnestScheyder; +1-469-691-7667; Reuters Messaging: ernest.scheyder.thomsonreuters.com@reuters.net))