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Improved pricing, a better supply/demand balance, and cost-cutting efforts are lining up.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at lithium mining giant Albemarle (ALB -0.96%), which has struggled over the past year with weak demand and falling lithium prices. With pricing stabilizing and signs that demand and supply are improving, it's looking more and more attractive.
*Stock prices used were from the afternoon of May 14, 2024. The video was published on May 17, 2024.
Jason Hall has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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