He bagged $28 million in two years for bad bets and backpedals Liontown merger in Australia — Thanks for the save, Gina! Mega-Flex facility in South Carolina — all flex, no follow-through. MinRes Wodgina deal? Too bad to be true. Kemerton Trains... — read more 

Albemarle’s lithium segment generated $277,711 in net income when lithium carbonate prices were as low as $5.70. So how did the company manage to record a net loss of $1.2 billion in 2024, when prices were still above $10? Expect more cuts... — read more 

I heard there were 100 new layoffs last week at ALB. Can anyone confirm this?

Does anyone know the story behind this?

“misconduct” means: • any intentional misconduct by a participant, including misappropriation, fraud, embezzlement, unethical behavior, or theft, in connection with the participant’s duties to the Company, that causes, or is reasonably likely to... — read more 

This is the way to reward a great leader!

They are doing group layoffs during Teams calls. I am impacted. Good luck to everyone.

Rumors are scarce. And we all are worried.

Albemarle Corp. — the world’s largest lithium miner — is taking additional cost-saving steps, including laying off hundreds employees, following a loss of more than $1 billion as lithium prices continue to fall. The Charlotte-based chemical... — read more 

Progressing comprehensive review of cost and operating structure

So, who is hearing the whispers as to which groups are going to get cut the most?

Does nobody have any real details on what is about to go down?

Two Albemarle Corp. executives are leaving the company later this year as part of a shift to a new operating structure. Kristin Coleman is out as the company's executive vice president, general counsel and corporate secretary, Albemarle (NYSE:... — read more 

The exceptional leadership behind the Liontown acquisition and marketing have departed the company after receiving their bonuses. It's time to introduce a clawback clause in their contracts.

Albemarle says help is needed to beat China Mining is famously cyclical, but that doesn’t make the downturns any more pleasant. At Charlotte’s Albemarle Corp., the struggles have gotten so serious that CEO Kent Masters is asking for the U.S., other... — read more 

just want to leave this here for doc purposes: https://www.reuters.com/markets/commodities/albemarle-lays-off-4-its-total-workforce-information-2024-01-29/

Greenbushes, the country’s largest and most lucrative lithium mine, recorded a profit of almost $6.3 billion in the 12 months to December 31, a significant increase from one year earlier even as the broader green metals sector struggles... — read more 

Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced it has acquired a location in Charlotte, North Carolina, where it will invest at least $180 million to establish the Albemarle Technology Park... — read more 

Date Company Relation Transaction Ownership Type Shares Traded Price Shares Held Form 2/28/2024 ALBEMARLE CORP Officer Disposition (Non Open Market) Direct 743 $132.06 34,842 View 2/26/2024 ALBEMARLE CORP Officer Disposition (Non Open... — read more 

I haven't heard of that! Both companies are caught in the EV bubble burst, but why should Albemarle's employees bear the brunt? Because livent didn't have the technology park, the failed Liontown M&A, the resource (Wodgina) for conversion... — read more 

The Charlotte-based lithium giant said in its proxy statement filed this week that Masters' 2023 pay package totaled just over $14.47 million. That figure came in several millions of dollars ahead of his 2022 compensation of $11.12 million, which was... — read more 

Under the agreement reached after discussions directly between the two companies' CEOs, Albemarle will pay Huntsman $665,000,000 in two equal installments, the first of which will be made before December 3, 2021, and the second one before May 2... — read more 

Will there be a 3rd Round of Layoffs Q3 2024?

Layoffs today in Charlotte, NC.

No cuts, adding people

HR is working on restructuring plans, Albemarle still has issues and I heard we'll have to do major cost cutting (including resource reduction)...

heard rumors, any confirmation? i heard 2014 will be a pretty bad year for us...

2011 was bad