Compared to last year, Albemarle now expects the price at which it sells its lithium to jump at least 225% in 2022 and adjusted profit in its lithium division to rise at least 500%.
We have shifted our lithium contracting strategy to realise greater benefits from these strong market dynamics," Albemarle Chief Executive Kent Masters said in a statement
translation...if the fossil fuel companies can do it so can we.
So the fossil fuel companies are not gouging they are realising greater benefits from strong market dynamics.........
kcf
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