Albemarle Says Startups, New Resources on Lithium M&A Radar
By Jack Kaskey
(Bloomberg) -- Albemarle looking to acquire viable lithium resources with best return on investment, CEO Luke Kissam says during 1Q earnings conference call.
* Evaluating “Wave 2” lithium resources for startup after
2021
* Sees lithium adjusted Ebitda rising more than 35% this year;
rose 56% in 1Q
* Sees 2017 lithium adj. margins more than 40%; was 46% in 1Q
* ALB up as much as 4.7% to an intraday record after boosting
2017 adj. EPS forecast to above Street estimate
Jack Kaskey in Houston at [email protected] To contact the editor responsible for this story:
Brendan Case at [email protected]
Albermarle Hit record high and talk M+A
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.91 |
Change
0.010(0.34%) |
Mkt cap ! $8.671B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.93 | $2.84 | $30.81M | 10.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 293220 | $2.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.91 | 75945 | 28 |
View Market Depth
| Last trade - 13.21pm 19/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |