GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Albemarle Corp (BSP:A1LB34) » Definitions » Other Expense

Albemarle (BSP:A1LB34) Other Expense


View and export this data going back to 2020. Start your Free Trial

What is Albemarle Other Expense?

Other Expense only applies to insurance companies.


Albemarle (BSP:A1LB34) Business Description

Traded in Other Exchanges
Address
4250 Congress Street, Suite 900, Charlotte, NC, USA, 28209
Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the U.S. and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the U.S., Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants. It is also a major producer of oil refining catalysts.