Albemarle stock lifted after CATL considers lithium supply cut

Shares of chemical manufacturer Albemarle (ALB) are jumping upon reports that Chinese-owned Contemporary Amperex Technology Co., Limited (300750.SZ) could suspend its lithium mining operations due to oversupply concerns.

Julie Hyman and Josh Lipton examine the opportunity this could pose for Albemarle and other lithium providers.

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This post was written by Luke Carberry Mogan.

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