Lithium oversupply? Growing demand for battery material is not a myth

Albemarle reported a 60% jump in adjusted EBITDA for its lithium and advanced materials division for the second quarter of the year to $133 million, and now expects full-2017 lithium EBITDA to rise by more than 35% on the year. The company based its upbeat projection on growing demand and prices for battery-grade lithium products.

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