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Alb stock price forecast albemarle’s long-term contracts with

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SKU: 6614066
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Albemarle’s long-term contracts with automakers improve the alb stock price forecast stability by securing predictable revenue streams. Find out about the key risks to this Albemarle narrative. Lithium production could ramp up more quickly than demand warrants if producers bring too much supply to the market. Prices could also remain lower for longer if major battery producers or Chinese state-owned enterprises continue to invest in higher-cost lithium resources to keep the lithium market oversupplied. New lithium production technologies could also alter the cost curve, such as direct lithium extraction. Albemarle faces execution risk in ramping up its new lithium projects, including production delays and cost overruns. Albemarle is also subject to political risk in Chile. President Gabriel Boric wants the Chilean government to own a majority stake in all projects. If this occurs, Albemarle could be forced to trade a 50.1% stake to the Chilean government to extend its lease when it expires in 2043. A short-term alb stock price forecast indicates potential break above $155 resistance if lithium futures hold above $25,000 per metric ton.