Albemarle maintains 2025 outlook due to lithium tariff exemptions
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, said on Wednesday it has not yet been affected by the flurry of tariffs bouncing around the global economy and would thus maintain its 2025 outlook.The Charlotte, North Carolina-based company, which operates across the Americas, Asia and Australia, kept its sales and earnings forecast for the year, noting that the lithium and some other critical minerals are for now exempt from tariffs that Washington aims to impose on trading partners.
