Charlotte, North Carolina.
Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium (36.6% of 2020 revenues), bromine specialties (30.8% of 2020 revenues) and catalysts (25.5% of 2020 revenues).
What does the company Albemarle do?
Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium, Bromine Specialties and Catalysts.
Who owns Albemarle stock?
The Vanguard Group, Inc
Top 10 Owners of Albemarle Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 11.17% | 13,061,537 |
| BlackRock Fund Advisors | 4.95% | 5,790,125 |
| SSgA Funds Management, Inc. | 4.69% | 5,489,519 |
| Baillie Gifford & Co. | 3.91% | 4,577,000 |
Where is Albemarle lithium from?
Albemarle operates two world-class raw material resources based on brine. One is located in the Salar de Atacama (Chile), and the other one in Clayton Valley near Silver Peak, Nevada (USA). The company also holds a 49% share in the spodumene mine of Talison Lithium in Australia.
Is Albemarle a Fortune 500 company?
Albemarle | 2021 Fortune 500 | Fortune.
Is Albemarle a good company?
Overall, Albemarle is a great company to work for. Pay can probably be adjusted up, but is fair. Benefits are pretty good, and flexibility is great. They put a lot of focus on personal well being, development, diversity, and inclusion.
Is Albemarle an American company?
Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina.
Albemarle Corporation.
| Traded as | NYSE: ALB S&P 500 component |
| Industry | Chemical industry |
| Founded | 1994 |
| Headquarters | Charlotte, North Carolina , U.S. |
| Area served | Worldwide |
What district is Albemarle County VA?
5th Congressional District
Albemarle County is represented by Virginia’s two Senators and is completely within the 5th Congressional District.
What sector is Albemarle?
Key Data
| Label | Value |
|---|---|
| Sector | Basic Industries |
| Industry | Industrial Specialties |
| 1 Year Target | $275.00 |
| Today’s High/Low | $276.00/$259.80 |
What does the word Albemarle mean?
The word Albemarle is derived from the Latinised form of the French county of Aumale in Normandy (Latin: Alba Marla meaning “White Marl“, marl being a type of fertile soil), other forms being Aubemarle and Aumerle.
Who is Albemarle lithium?
Albemarle is the industry leader in lithium and lithium derivatives, one of the highest growth markets in the specialty chemicals industry. Our unique natural resource position, derivatization capabilities, and technology leadership allow Albemarle to execute an aggressive growth strategy for this business.
What country has most lithium?
Chile
With 8 million tons, Chile has the world’s largest known lithium reserves. This puts the South American country ahead of Australia (2.7 million tons), Argentina (2 million tons) and China (1 million tons). Within Europe, Portugal has smaller quantities of the valuable raw material.
Does Albemarle make lithium?
Albemarle operates facilities that mine or process lithium in countries including Chile, China and Australia, and despite the billions of dollars pouring into potential lithium mines in the U.S., Albemarle currently operates the only such active mine in the U.S., located in Silver Peak, Nev.
What county is Albemarle NC in?
Stanly CountyCity of Albemarle is the County Seat of Stanly County, covering 15 square miles and with a population of 16,197. Incorporated in 1857, the City is named for George Monck, the Duke of Albemarle, one of eight Lords Proprietors granted the province of Carolina in 1663 by King Charles II.
Is Albemarle a buy?
Albemarle appears to be overvalued by 38% at the moment, based on my discounted cash flow valuation. The stock is currently priced at US$235 on the market compared to my intrinsic value of $170.56. This means that the opportunity to buy Albemarle at a good price has disappeared!
Who founded Albemarle North Carolina?
The first English explorer to become a settler in North Carolina, then known as Albemarle, was a trader named Nathaniel Batts. He bought his land from the American Indians in 1660. Having traded with the Indians since the 1650s, Batts set an example of fair dealing and friendship.
What counties surround Albemarle County VA?
Albemarle County borders 8 other counties, more than any other county in Virginia.
- Charlottesville, Virginia (surrounded by Albemarle County)
- Greene County, Virginia (north)
- Orange County, Virginia (northeast)
- Louisa County, Virginia (east)
- Fluvanna County, Virginia (southeast)
- Buckingham County, Virginia (south)
Who is in charge of Albemarle County?
Albemarle County’s County Executive is Jeff Richardson.
Who represents Albemarle County Virginia?
Hudson. Sally L. Hudson, a Democrat from Charlottesville, was elected to the 57th House District in 2019. She represents Charlottesville and part of Albemarle County.
Why was Albemarle founded?
Albemarle was established in 1841 as the county seat of Stanly County and incorporated as a town in 1857.Around the turn of the century, the rail lines came to Albemarle, bringing with them the industrialization that spurred the growth of this town with antebellum roots.
Why is Albemarle stock dropping?
Since hitting its peak in 2017, Albemarle has seen its stock slide by more than 50% due almost entirely to the lithium oversupply problem. In response to the supply glut, the company decided to mothball its plans to add an extra 125,000 tons of processing capacity across all its facilities.