Brief: Albemarle CEO Says The Physical Lithium Market Remains Tight

Albemarle

06/08/2026 13:24

Aug 6 (Reuters) - Albemarle Corp ALB.N:
CEO KENT MASTERS: GLOBAL LITHIUM INVENTORIES ARE LOW AS WEAK SUPPLY FAILS TO MATCH RISING EV NAD BATTERY STORAGE DEMAND
CEO SAYS THE PHYSICAL LITHIUM MARKET REMAINS TIGHT
CEO: SEEING RESILIENT DEMAND TRENDS FOR LITHIUM ACROSS ALL CUSTOMER END MARKETS
CEO: RAISING ESTIMATE FOR 2026 BATTERY STORAGE PRODUCTION BY 11%
CEO: RAISING LOW END OF 2030 FORECAST FOR GLOBAL LITHIUM DEMAND BY 100,000 METRIC TONS
CEO: BATTERY STORAGE SHOULD MAKE UP 30% OF GLOBAL LITHIUM DEMAND THIS YEAR, NEARLY IN LINE WITH DEMAND FROM LIGHT-DUTY EV MARKET
CEO: ALL THREE PROCESSING TRAINS AT WODGINA MINE IN AUSTRALIA ARE NOW OPERATING
CEO: BEST OPPORTUNITY TO DEPLOY DIRECT LITHIUM EXTRACTION (DLE) IS AT EXISTING CHILE OPERATIONS
CEO: IN MARCH APPLIED FOR ENVIRONMENTAL PERMIT TO USE DLE IN CHILE
CEO: LONG-TERM PLAN IS TO DEPLOY SIX DLE TRAINS IN CHILE
Source text: [ID:]
Further company coverage: ALB.N

 (Reporting By Ernest Scheyder)
 ((ernest.scheyder@thomsonreuters.com;))