Cost EfficiencyALB has made strong progress on its cost-saving initiatives, reaching 90% of its $300-400mn run rate target as of April.
Earnings PerformanceALB posted 1Q EBITDA of $267mn, above consensus despite a sales miss, as cost savings expanded margins.
Lithium DemandALB's lithium demand model suggests a sooner inflection to undersupply, with a bullish demand outlook potentially supporting a lithium price recovery.