nc10
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Not sure if this is of intererst on this forum, apologize if not. Two of the major Li suppliers released earnings this week, Livent, Albemarle. (Another, SQM is due Aug 17, expect similar.) Livent just announced GM is paying $200MM this year for LI to be delivered in 2025. ALB now expects 2022 earnings/share to be ~4X 2021 earnings, which were pretty good. Not many recession concerns in their forecasts.... Pretty unusual to see increases like this for old, well established companies (Livent is spinoff, was formerly FMC's LI business)
https://investors.albemarle.com/new...ts-strong-second-quarter-sales-growth-raising
Earnings presentations.
https://investors.albemarle.com/static-files/9324ac04-fbd0-40df-9279-80c959e55302
https://ir.livent.com/news/news-det...ASES-SECOND-QUARTER-2022-RESULTS/default.aspx
LIVENT
https://investors.albemarle.com/new...ts-strong-second-quarter-sales-growth-raising
Earnings presentations.
https://investors.albemarle.com/static-files/9324ac04-fbd0-40df-9279-80c959e55302
https://ir.livent.com/news/news-det...ASES-SECOND-QUARTER-2022-RESULTS/default.aspx
LIVENT
Sponsored
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