Albemarle posts strong Q1 with 33% sales growth and 148% EBITDA rise, driven by lithium demand surge.

Albemarle Corporation reported a robust Q1 with net sales up 33% year-over-year to $1.4 billion and adjusted EBITDA soaring 148% to $664 million, fueled by rising lithium prices and volumes. The company benefits from growing lithium demand, especially from grid-scale energy storage, with battery orders full through 2027. Albemarle's strong balance sheet, including $2.7 billion liquidity and low debt, supports continued profitable growth and resilience against commodity price swings. This positions Albemarle well to capitalize on the expanding lithium market.