Is Albemarle a Fortune 500 company?

Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, today announced it has been named a Fortune 500 company. The Fortune 500 list is assembled annually by Fortune magazine and ranks the largest companies in the United States based on their total revenues.

Where is Albemarle based?

Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global supply chain for battery metals used in electric cars and smartphones. Tesla Of The Sea? How EV Tech Is Revolutionizing Boating

Does Albemarle (Alb) benefit from higher lithium volumes?

While Albemarle (ALB) faces headwinds from high input costs, it benefits from higher lithium volumes and actions to boost its global lithium capacity. Lithium prices have crashed after a two-year bull run led by soaring demand in China. The spot price of lithium plunged 70% between last November and April of this year.