CHARLOTTE, N.C. -   Albemarle   Corporation  NYSE  NYSE ALB , a key player in the production of essential elements for various industries, has announced a strategic reduction in its capital expenditures for 2024, aiming to enhance cash flow and financial flexibility amidst shifting market conditions, especially in the lithium sector.
Albemarle Corporation, a producer of essential elements, has reduced its 2024 capital expenditures to improve cash flow and financial flexibility due to shifting market conditions, particularly in the lithium sector.