Thread regarding Albemarle (ALB)

Are we really still talking about lithium powering the future?

I got rid of all of the lithium and lithium batteries related stock the moment I figured there’s no way US can catch up both in extraction and the batteries production. All western attempts to become competitive in EV have been failing. One of the biggest factories of lithium batteries in Europe, located in Sweden, is closing down. Meanwhile, China is already constructing megafactories for the production of sodium batteries. C’mon. Wasn’t the price of lithium going down by 25% just this year a sign enough?

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