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Albemarle lays off 300 employees on lithium slump

It expects to save $50 million in 2024 related to working capital

Isabeau van Halm
Source: Albemarle

Source: Albemarle

Albemarle has laid off over 300 employees at US and global operations, according to reports from American publication The Information. The layoffs come as lithium prices have dropped over 80% in 2023...

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