Lithium firm Albemarle is abandoning a bid for Australia's Liontown after a third party got involved.
SYDNEY — Albemarle scrapped its proposed $4.16 billion takeover of Liontown Resources, citing the difficulty of completing the deal following the intervention of Australia's richest woman.
Australian lithium producer Liontown Resources on Monday said its suitor, U.S.-based Albemarle , will not proceed with the proposed A$6.6 billion ($4.16 billion) buyout bid.

7 Unloved Value Stocks Primed for a Turnaround

01:40pm, Sunday, 15'th Oct 2023
With the market seemingly poised for a rotation out of high-risk assets toward more reasonable fare, unloved value stocks may have a chance to finally secure their time in the spotlight. Basically, th
Albemarle announces non-binding agreement to acquire Liontown, expanding exposure to mobility and energy industry. Market is not rewarding Albemarle with the price premium it deserves, but downside is
Electric vehicle sales are set to accelerate. In fact, according to an Ernst & Young survey, nearly half of consumers in the United Sates (48%) plan to buy an electric vehicle in the next two years.
While Albemarle (ALB) faces headwinds from softness in specialties, it gains on higher lithium demand and actions to boost its global lithium capacity.
Lithium stocks have disappointed investors in 2023. This has been on the back of a sharp decline in lithium prices in the last few quarters.
Climate change stocks are an important and controversial thematic area for investors. Runaway carbon emissions fears were overstated but net emissions continued to rise overall in 2022.
Long-term investors frequently buy into sectors that are underperforming the market in the current year. History suggests that cyclical factors can provide a catalyst for those stocks to outperform th
The global focus on green energy does not mean that only renewable energy companies will benefit. There are several associated industries that are critical for a smooth and sustained global energy tra

3 Battery Stocks You Better Be Buying Now

08:51am, Sunday, 08'th Oct 2023
A combination of consumer demand and government edict has every major car manufacturer building an electric vehicle (EV). The transition meant EVs needed a better power supply than the lead-acid batte
These three compelling stocks boast P/E ratios under 15, aligning with Benjamin Graham's core value investing principles. Albemarle's resilience amidst volatile lithium prices showcases its strong mar
Soaring interest rates have the stock market pulling back, but the 2024 recession could cause stocks to fall another 22% to 28%. Dividend aristocrats are the ultimate sleep well at night choice for in
CHARLOTTE, N.C., Oct. 5, 2023 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that i
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