Record Lithium Production
Albemarle reported record lithium production from its integrated lithium conversion network in Q1 2025.
Strong Cash Flow Generation
The company generated $545 million in cash from operations, achieving an operating cash conversion rate exceeding 200%.
Cost and Productivity Improvements
Albemarle achieved approximately 90% run rate to the midpoint of their $350 million cost and productivity improvement target.
Positive Long-Term Lithium Demand Outlook
Global lithium demand is expected to more than double from 2024 to 2030, driven by the energy transition and demand for electric vehicles and grid storage.
Improved EBITDA Margins in Specialties and Ketjen
Adjusted EBITDA increased by 30% in Specialties and 76% in Ketjen year-over-year.