Albemarle Says Overall Demand For Lithium Remains Robust, Up 30% Year To Date

Nov 6 (Reuters) - Albemarle Corp ALB.N:

• ALBEMARLE CEO KENT MASTERS: OVERALL DEMAND FOR LITHIUM REMAINS ROBUST, UP 30% YEAR TO DATE

• ALBEMARLE EXPECTS AVERAGE LITHIUM PRICES OF $9.50/KG THIS YEAR

• ALBEMARLE: 45% OF 2025 LITHIUM SALT SALES VOLUMES EXPECTED TO BE SOLD ON LONG-TERM AGREEMENTS WITH PRICE FLOORS

• ALBEMARLE: SHOULD WE 'WELL INTO POSITIVE FREE CASH FLOW TERRITORY THIS YEAR,' BETWEEN $300 MILLION AND $400 MILLION

• ALBEMARLE CEO: GLOBAL LITHIUM SUPPLY/DEMAND BALANCE HAS STARTED TO TIGHTEN

• ALBEMARLE CEO: LITHIUM DEMAND FOR STATIONARY STORAGE SHOULD JUMP 2.5 TIMES BY 2030

• ALBEMARLE CEO: NORTH AMERICA FASTEST GROWING REGION FOR STATIONARY STORAGE, ESPECIALLY FOR AI POWER CENTERS

• ALBEMARLE CEO: CHINESE LITHIUM PRICES CLOSER TO $10/KG TODAY

• ALBEMARLE CEO: NOT CONSIDERING RESTARTING IDLED LITHIUM PROCESSING CAPACITY FOR NOW

• ALBEMARLE CEO: 'WE'RE VERY HAPPY TO SEE THE U.S. GOVERNMENT FOCUS ON CRITICAL MINERALS'

• ALBEMARLE CEO: EXPECTS A 'MIX OF THINGS' NEEDED TO HELP WESTERN MINERALS FIRMS, INCLUDING PUBLIC-PRIVATE PARTNERSHIPS

• ALBEMARLE CEO: WILL NOT FORECAST 2026 UNTIL NEXT EARNINGS CALL IN JANUARY

Source text: [ID:]