1. Albemarle is one of the largest lithium producers in the world. Besides lithium, it also produces bromine and provides refining solutions and chemistry services for pharmaceutical firms. (src : investingews.com)
2. The U.S. ranked 7th with 1.2% of the world’s lithium production. Nevertheless, the U.S. is home to two of the world’s top-producing lithium companies: Albemarle and Livent. (src : Forbes Dec 13, 2020)
3. The global lithium-ion battery market was valued at USD 36.7 billion in 2019 and is projected to hit USD 129.3 billion by 2027, at a CAGR of 18% from 2020 to 2027. (src : Valuates Reports)
Big fan of this company. Made a killing getting it around 40-60 range and selling in the 170s. Based on the move it made in the past 12 months, I think it may need to cool off a bit more. If it gets back to the 120's, I'll getting back in