Albemarle Reports 41% Decline in Q2 Net Income

There’s no doubting lithium is the future of Albemarle(NYSE:ALB). Heck, lithium is the largest source of revenue and earnings for the business today. But the company’s most resilient business segment during the second quarter of 2020 turned out to be bromine, not lithium or catalysts. 
The consumption-sapping effects of the coronavirus pandemic slammed the specialty chemicals manufacturer in the first half of the year, although there will be a couple of quarters of lag before the discrepancies …

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