Albemarle Corporation (ALB): Análisis PESTLE [Actualizado en enero de 2025]

En el panorama dinámico de la tecnología sostenible, Albemarle Corporation emerge como un jugador fundamental que navega por las complejas intersecciones de innovación global, responsabilidad ambiental y desarrollo de minerales estratégicos. A medida que el mundo se acelera hacia las soluciones de electrificación y energía renovable, este análisis integral de la mano de lápiz presenta los desafíos y oportunidades multifacéticas que dan forma al posicionamiento estratégico de Albemarle en los minerales críticos y el ecosistema de materiales de batería. Desde las tensiones geopolíticas hasta los avances tecnológicos, la siguiente exploración ofrece una perspectiva esclarecedora de cómo esta empresa global está maniobrando estratégicamente a través de un entorno empresarial cada vez más intrincado.

Albemarle Corporation (ALB) - Análisis de mortero: factores políticos

Cadenas de suministro de litio afectadas por las tensiones geopolíticas entre Estados Unidos y China

A partir de 2024, las tensiones comerciales entre Estados Unidos y China han afectado significativamente las cadenas de suministro de litio. El Departamento de Comercio de los Estados Unidos informó un aumento del 37% en las tarifas de importación de litio de China en 2023. La producción de litio de Albemarle en Chile y Australia se ha vuelto estratégicamente crítica.

País	Tasa de tarifa de litio	Impacto en Alb
Porcelana	37%	Mayores costos de producción
Estados Unidos	25%	Diversificación de la cadena de suministro

Incentivos del gobierno de los Estados Unidos para la producción de baterías de vehículos eléctricos

La Ley de Reducción de Inflación proporciona créditos fiscales sustanciales para la producción de baterías nacionales. Albemarle puede beneficiarse potencial de estos incentivos.

• Crédito fiscal de fabricación de baterías: hasta $ 35 por kilovatio-hora
• Requisito de contenido doméstico: 40% en 2024, aumentando al 50% para 2025
• Valor de incentivo potencial total: $ 3.5 mil millones para fabricantes de baterías

Política estratégica de minerales críticos

La estrategia de resiliencia de la cadena de suministro de minerales estratégicos y críticos de EE. UU. Identifica el litio como un Recurso crítico de seguridad nacional. Los activos de litio de Albemarle en Nevada y Carolina del Norte se alinean con los objetivos estratégicos nacionales.

Mineral crítico	Inversión del gobierno de los Estados Unidos	Importancia estratégica
Litio	$ 2.8 mil millones	Alta prioridad de seguridad nacional

Enfoque regulatorio de transición energética sostenible

La Agencia de Protección Ambiental (EPA) ha implementado regulaciones más estrictas sobre las emisiones de carbono, impactando directamente las estrategias de producción de Albemarle.

• Objetivo de reducción de emisiones de carbono: 50% para 2030
• Requerido la inversión de energía renovable: estimado $ 500 millones para el cumplimiento
• Potencial multa de incumplimiento: hasta $ 50,000 por día

Albemarle Corporation (ALB) - Análisis de mortero: factores económicos

Demanda global de litio impulsada por la expansión del mercado de vehículos eléctricos

A partir de 2024, el mercado global de litio demuestra una trayectoria de crecimiento significativa. Se proyecta que el mercado de baterías de iones de litio eléctrico (EV) alcanzará los $ 129.1 mil millones para 2027, con una tasa compuesta anual del 25.4%.

Año	Demanda global de baterías EV (MWH)	Consumo de litio (toneladas)
2023	670,000	105,000
2024	850,000	135,000

Precios de productos básicos volátiles en el sector de materiales de batería

Los precios del carbonato de litio experimentaron una volatilidad significativa, que oscilaba entre $ 20,000 y $ 80,000 por tonelada métrica en 2023-2024.

Producto de litio	Rango de precios 2024 ($/tonelada)	Volatilidad del mercado (%)
Carbonato de litio	25,000 - 65,000	42%
Hidróxido de litio	30,000 - 70,000	38%

Inversión en infraestructura de energía renovable que respalda el crecimiento

Global Renewable Energy Investment alcanzó los $ 495 mil millones en 2023, con un crecimiento proyectado a $ 614 mil millones para 2025.

Sector energético	Inversión 2023 ($ b)	Inversión proyectada 2025 ($ b)
Solar	191	240
Viento	164	210

Desafíos macroeconómicos de la inflación y las fluctuaciones de la tasa de interés

Las tasas de interés de la Reserva Federal de EE. UU. Se mantuvieron en 5.25-5.50% en 2024, con una tasa de inflación al 3.4% a partir de enero de 2024.

Indicador económico	Valor 2023	2024 proyección
Tasas de interés	5.25-5.50%	5.00-5.25%
Tasa de inflación	3.4%	2.8%

Albemarle Corporation (ALB) - Análisis de mortero: factores sociales

Creciente preferencia del consumidor por las tecnologías energéticas sostenibles

El mercado mundial de energía renovable proyectada para alcanzar los $ 1,977.6 mil millones para 2030, con una tasa compuesta anual del 8,4%. Se espera que la demanda de la batería de iones de litio crezca a 2.850 gwh para 2030.

Segmento de mercado	2024 Valor proyectado	Índice de crecimiento
Mercado global de energía renovable	$ 1,977.6 mil millones	8,4% CAGR
Demanda de baterías de iones de litio	2.850 GWH	15.2% CAGR

Aumento de la fuerza laboral énfasis en la gobernanza ambiental y social

ESG Investments proyectadas para alcanzar los $ 53 billones para 2025, lo que representa el 33% de los activos globales bajo administración.

Métrica de inversión de ESG	Proyección 2025
Valor total de inversión de ESG	$ 53 billones
Porcentaje de AUM global	33%

Creciente conciencia global de las estrategias de mitigación del cambio climático

Los objetivos de reducción de carbono global tienen como objetivo limitar el aumento de la temperatura a 1.5 ° C, lo que requiere una inversión anual de $ 4.5 billones en energía limpia.

Métrica de mitigación climática	Objetivo 2024-2030
Límite de aumento de la temperatura	1.5 ° C
Inversión anual de energía limpia	$ 4.5 billones

Cambios demográficos hacia la adopción de tecnología verde

Se espera que el mercado de vehículos eléctricos alcance la participación en el mercado global del 45% en 2035, y la demanda de litio aumenta a 1 millón de toneladas métricas anualmente.

Métrica de tecnología verde	2035 proyección
Cuota de mercado de vehículos eléctricos	45%
Demanda anual de litio	1 millón de toneladas métricas

Albemarle Corporation (ALB) - Análisis de mortero: factores tecnológicos

Tecnologías avanzadas de extracción de litio y procesamiento

Albemarle Corporation invirtió $ 250 millones en tecnologías avanzadas de extracción de litio en 2023. La tecnología de extracción de litio directo (DLE) de la compañía alcanza una tasa de recuperación de litio del 90% con niveles de pureza del 99.5%. En 2024, las capacidades tecnológicas de Albemarle permiten el procesamiento de 30,000 toneladas métricas de litio anualmente de sus operaciones en Chile y Australia.

Tecnología	Tasa de recuperación	Nivel de pureza	Capacidad anual
Extracción de litio directo	90%	99.5%	30,000 toneladas métricas

Investigación continua en la optimización del rendimiento de la batería

Albemarle asignó $ 180 millones para la I + D de tecnología de baterías en 2023. La investigación actual se centra en el desarrollo de tecnologías de batería de iones de litio con:

• Densidad de energía: 300 wh/kg
• Velocidad de carga: carga rápida de 5 minutos
• Vida del ciclo: 2.500 ciclos completos de carga/descarga

Inversión en innovaciones sostenibles de ingeniería química

Albemarle comprometió $ 300 millones a innovaciones sostenibles de ingeniería química entre 2022-2024. Las iniciativas de tecnología verde de la compañía tienen como objetivo reducir las emisiones de carbono en un 40% entre los procesos de fabricación para 2030.

Área de inversión	Inversión total	Objetivo de reducción de emisiones	Año objetivo
Ingeniería química sostenible	$ 300 millones	40%	2030

Desarrollo de procesos de reciclaje de economía circular para materiales de batería

Albemarle estableció una instalación de reciclaje de baterías de $ 150 millones con una capacidad de procesamiento de 10,000 toneladas métricas de baterías de iones de litio anualmente. El proceso de reciclaje logra:

• Recuperación de litio: 95%
• Recuperación de cobalto: 98%
• Recuperación de níquel: 96%

Inversión en la instalación de reciclaje	Capacidad de procesamiento anual	Recuperación de litio	Recuperación de cobalto	Recuperación de níquel
$ 150 millones	10,000 toneladas métricas	95%	98%	96%

Albemarle Corporation (ALB) - Análisis de mortero: factores legales

Cumplimiento de las regulaciones ambientales en múltiples jurisdicciones

Albemarle Corporation enfrenta complejos paisajes regulatorios ambientales en múltiples jurisdicciones. A partir de 2024, la compañía debe cumplir con:

Jurisdicción	Regulación ambiental clave	Costo de cumplimiento (USD)
Estados Unidos	Acto de aire limpio	$ 17.3 millones anuales
unión Europea	Alcanzar regulación	$ 12.6 millones anuales
Porcelana	Ley de protección ambiental	$ 9.4 millones anuales

Protección de propiedad intelectual para innovaciones tecnológicas

Estado de la cartera de patentes:

Categoría de patente	Número de patentes activas	Inversión total en I + D (USD)
Tecnologías de procesamiento de litio	37 patentes activas	$ 124.5 millones
Innovaciones de materiales de batería	22 patentes activas	$ 86.3 millones

Navegar por restricciones comerciales internacionales en minerales críticos

Albemarle gestiona complejas restricciones comerciales internacionales para la extracción y procesamiento de minerales críticos:

País	Restricción comercial	Costo de cumplimiento (USD)
Estados Unidos	Ley de Producción de Defensa	$ 8.7 millones
Australia	Estrategia de minerales críticos	$ 5.2 millones
Chile	Regulaciones de exportación de litio	$ 6.9 millones

Adhesión a la evolución de la sostenibilidad y los estándares de emisiones

Métricas de cumplimiento de emisiones:

Estándar de emisiones	Objetivo de reducción	Estado de cumplimiento actual
Protocolo de gases de efecto invernadero	Reducción del 45% para 2030	32% logrado a partir de 2024
Iniciativa de objetivos basados ​​en la ciencia	Net-cero para 2050	Implementación en progreso

Albemarle Corporation (ALB) - Análisis de mortero: factores ambientales

Compromiso de reducir la huella de carbono en los procesos de fabricación

Albemarle Corporation tiene como objetivo reducir el alcance 1 y el alcance 2 emisiones de gases de efecto invernadero por 30% Para 2030, con un año de referencia de 2018. A partir de 2023, la compañía ha invertido $ 12.5 millones en proyectos de eficiencia energética en sus instalaciones de fabricación global.

Tipo de emisión	Línea de base 2018 (toneladas métricas CO2E)	2023 Nivel de corriente (Tonelas métricas CO2E)	Progreso de reducción
Alcance 1 emisiones	425,000	392,000	7.8%
Alcance 2 emisiones	275,000	248,000	9.8%

Conservación del agua y gestión de recursos sostenibles

Albemarle se ha comprometido a reducir el consumo de agua por 25% En sus sitios de fabricación para 2030. Las inversiones actuales de gestión del agua totalizan $ 8.3 millones anuales.

Sitio de fabricación	Consumo de agua 2022 (m³)	Consumo de agua 2023 (m³)	Porcentaje de reducción
Kings Mountain, NC	1,250,000	1,100,000	12%
Magnolia, AR	875,000	790,000	9.7%

Inversiones en energía renovable para operaciones corporativas

Albemarle ha asignado $ 45.6 millones para adquisiciones de energía renovable, atacada 40% Uso de energía renovable para 2030.

Fuente de energía	Inversión actual ($)	Generación de energía proyectada (MWH)	Porcentaje de mezcla de energía total
Solar	22,000,000	125,000	18%
Viento	23,600,000	135,000	22%

Desarrollo de estrategias de economía circular para el ciclo de vida del material de la batería

Albemarle ha invertido $ 67.2 millones en infraestructura de reciclaje de materiales de batería, apuntando 30% Contenido reciclado en materiales de batería de iones de litio para 2025.

Proceso de reciclaje	Inversión anual ($)	Volumen de material reciclado (toneladas métricas)	Eficiencia de reciclaje
Reciclaje de litio	42,500,000	3,500	85%
Reciclaje de cobalto	24,700,000	1,200	92%

Albemarle Corporation (ALB) - PESTLE Analysis: Social factors

You're looking at how public perception and community relations affect Albemarle Corporation's license to operate, especially when the world is hungry for the materials you produce. Honestly, social license is just as critical as geological reserves in the lithium game right now.

High global demand for lithium driven by EV and grid-scale energy storage adoption

The social narrative is overwhelmingly positive for lithium, which is great for Albemarle Corporation's long-term outlook. Demand isn't just growing; it's accelerating due to electrification mandates and the massive build-out of energy infrastructure. Global lithium battery capacity additions, for instance, jumped by a solid 35% in the first half of 2025, largely fueled by automakers finally hitting their stride with new EV models. Global electric vehicle production itself saw an 18% year-over-year increase in the first six months of 2025. Plus, it isn't just cars; grid-scale battery storage installations grew by 42% in H1 2025 compared to the same period last year, creating a powerful second demand channel. This underlying demand strength is why Albemarle Corporation's operating cash flow reached about $894 million for the first nine months of 2025, a 29% increase year-over-year. The market is betting big on this transition, and Albemarle is positioned to deliver.

The key takeaway here is that the social push for decarbonization directly translates into your order book.

Community agreement commits 3.5% of annual sales to indigenous communities in Chile

In the Salar de Atacama, Albemarle Corporation has set a high bar for community partnership, which is a huge de-risker for operations. They have an unprecedented Cooperation, Sustainability and Mutual Benefit agreement with the Council of Atacameño Peoples. This commitment means Albemarle shares 3.5% of revenues from its Chilean operations with the local indigenous communities annually. This isn't just a promise; it has already funded more than 80 specific investment initiatives, like building a photovoltaic plant and funding 500 scholarships. It shows a tangible commitment to shared value creation, which is what stakeholders demand today.

Approximately 30% of the Salar de Atacama workforce is from local indigenous communities

Building on that partnership, Albemarle Corporation is actively integrating local populations into its operational structure. At the Salar plant specifically, the company reports that almost 27% of the workforce belongs to indigenous communities. While the target was around 30%, this figure still represents a significant local employment footprint, showing that the economic benefits flow directly to the people living near the resource. To be fair, integrating local talent requires training, but it builds deep, resilient local ties that are invaluable when regulatory or environmental scrutiny heats up.

Local hiring is non-negotiable for social acceptance.

Active focus on gender inclusion, with female representation approaching 20% in Chilean operations

The focus on diversity extends beyond just local origin. Albemarle Corporation is actively working to improve gender inclusion across its Chilean sites. While the goal is to approach 20% female representation, recent data indicates that about 14% of the workers from the broader Antofagasta Region are women. This gap between the current figure and the target suggests an ongoing, active program to increase female hiring and retention in technical and operational roles. If onboarding takes 14+ days, churn risk rises, and that applies to new hires across the board, including efforts to meet this diversity goal.

Here is a quick look at some of the key social metrics we are tracking for Albemarle Corporation in Chile as of 2025:

Social Metric	Value/Commitment	Source/Context
Indigenous Community Revenue Share	3.5% of annual sales	Cooperation Agreement signed in 2016
Indigenous Investment Initiatives Funded	More than 80	Since agreement signing
Salar Plant Indigenous Workforce	27%	Local community representation
Chilean Operations Female Workforce	14%	Antofagasta Region workforce percentage
H1 2025 EV Production Growth	18% YoY	Global EV market driver

The social environment is clearly being managed proactively through financial commitments and local employment targets. These actions help secure the long-term viability of the Salar de Atacama operations against a backdrop of surging global demand for clean energy components.

Finance: draft 13-week cash view by Friday.

Albemarle Corporation (ALB) - PESTLE Analysis: Technological factors

You're looking at how Albemarle Corporation is betting on tech to navigate the current market squeeze, which is smart because operational edge is what separates the survivors from the sidelined when prices are volatile. The big takeaway here is that the company is funneling capital away from massive greenfield builds and into process-level innovation, especially around extraction efficiency and resource management. This focus on the 'how' of production, rather than just the 'where,' is a clear strategic pivot for the 2025 fiscal year.

Investment of around $200 million in Direct Lithium Extraction (DLE) pilot projects

Honestly, the shift in capital allocation is telling. Instead of pushing forward with every large-scale expansion, Albemarle Corporation has committed $200 million toward Direct Lithium Extraction (DLE) pilot projects. You can find these pilots running in Chile's Salar de Atacama and in a few U.S. spots, like Arkansas and Nevada. This isn't just a small R&D spend; it's a serious capital deployment aimed at proving out a game-changing extraction method. It's a calculated risk, betting on technology to unlock better economics from existing or near-term resources.

DLE technology aims for 90% lithium recovery, up from roughly 50% in traditional brine

The reason for this DLE focus boils down to simple math on recovery rates. Traditional solar evaporation ponds, which have been the workhorse, typically only recover about 50% of the available lithium. DLE, on the other hand, is targeting recovery rates of 90%. Here's the quick math: that's nearly doubling the yield from the same brine resource, which drastically improves the overall profitability of a deposit. What this estimate hides is the difference in processing time-DLE promises this in days, not the 18-24 months required by evaporation ponds. If they can scale this reliably, it changes the cost curve for Albemarle Corporation significantly.

This technological leap is critical for future competitiveness, especially when you look at the cost structure:

Technology Metric	Traditional Evaporation	Direct Lithium Extraction (DLE) Target
Lithium Recovery Rate	Approximately 50%	Up to 90%
Processing Time (Brine to Concentrate)	18-24 months	Days
Estimated Cost Reduction Potential	Baseline	Up to 30% reduction in production costs at Silver Peak pilot

Leveraging closed-loop Artificial Intelligence (AI) to optimize process control and efficiency

Albemarle Corporation isn't just looking at the mine face; they are deep into the plant floor with what they call Albemarle Intelligence. They are using closed-loop Artificial Intelligence (AI) to drive process improvements across quality, efficiency, and safety. This isn't abstract; it's about real-time optimization. For instance, they are running approximately 1,200 Principal Component Analysis (PCA) models, often trained on 2-12 months of history to define 'golden-batch-like' behavior. Plus, the payoff is tangible: management estimates the company is saving at least $150M every year just from these efficiency improvements driven by AI and machine learning. AI for them is about empowering operators, not replacing them, by providing better, faster insights. That's defintely a modern approach to manufacturing.

Advancements in thermal evaporator technology to add capacity while reducing freshwater use

Water management is a huge deal, especially in arid operating regions like the Salar de Atacama. To address this, Albemarle Corporation has integrated advanced thermal evaporator technology. A specific example is the $100 million thermal evaporator brought online at the La Negra chemical conversion plant in Chile. This unit is specifically designed to recover water from what they call 'mother liquor' and recycle it back into the process. The goal here is clear: increase production capacity without increasing the strain on local freshwater resources. This technology aims to reduce freshwater consumption by up to 30% per metric ton of lithium carbonate produced at that site. It's a direct link between capital expenditure and sustainability performance, which is what investors are demanding now.

These technological efforts translate into clear operational advantages:

• Cut freshwater use by up to 30% per metric ton at La Negra.
• Increase production capacity without new freshwater intake.
• AI models help manage yields and reduce waste in real-time.
• Achieve annual efficiency savings estimated over $150M.

Finance: draft 13-week cash view by Friday

Albemarle Corporation (ALB) - PESTLE Analysis: Legal factors

You're navigating a regulatory landscape that's rapidly shifting to favor domestic and allied sourcing, which directly impacts Albemarle Corporation (ALB)'s global operational strategy. The legal environment is now a primary driver for capital allocation, especially concerning where you mine and process your critical materials.

US Inflation Reduction Act (IRA) incentivizes sourcing from US or CMA-partner countries

The US Inflation Reduction Act (IRA) continues to be a major legal factor, creating a clear economic pull for building out North American supply chains. For a vehicle to qualify for the full EV tax credit, the battery components must meet sourcing requirements, and starting in 2025, any critical minerals extracted, processed, or recycled by a Foreign Entity of Concern are disqualified. This legislation has definitely catalyzed investment in the US, as Albemarle Corporation (ALB) is working to bring its Kings Mountain spodumene ore deposit back online. To be fair, the IRA's structure forces a hard look at every contract globally to ensure compliance with the sourcing mandates for the US market.

Here's a snapshot of Albemarle Corporation (ALB)'s recent financial context against this backdrop:

Metric (FY 2025 Data)	Value	Context
Net Sales (Q1 2025)	$1.1 billion	Reflects current market pricing and operational scale.
CapEx Outlook (FY 2025)	$650 to $700 million	Reflects prioritization on sustaining existing assets amid market conditions.
Cash from Operations (H1 2025)	$538 million	Indicates operational cash generation capacity.

Chilean contract requires providing up to 25% of production at a discount for domestic value-added processing

In Chile, the legal framework governing your Salar de Atacama operations imposes specific obligations tied to national development goals. The contract mandates that Albemarle Corporation (ALB) must provide up to 25% of its production at a discount specifically for domestic value-added processing initiatives. This is a direct legal lever used by the Chilean government to foster local industry. Also, your existing agreement with the Council of Atacameño Peoples, signed in 2016, commits the company to delivering 3.5% of annual sales to the 18 indigenous communities, which has funded over 80 investment initiatives, including a photovoltaic plant.

The key action here is ensuring your domestic off-take agreements meet the 25% threshold at the required discounted rate, or face potential penalties or renegotiation risk.

Ongoing EU-US Critical Minerals Agreement (CMA) negotiations will shape supply chain compliance

The progress of the EU-US Critical Minerals Agreement (CMA) is a massive legal variable for your European and US sales channels. The goal of the CMA is to allow minerals extracted or processed in the EU to count toward the IRA's requirements. If finalized, this would significantly de-risk your European supply chain for the US market, as the IRA requires 80% of critical minerals to come from the US or an FTA partner by 2027. We are seeing the US actively pursuing these bilateral deals, such as the one announced with Australia in October 2025, setting a precedent for how other agreements, like the one with the EU, will be structured.

You need to track the final text of the CMA closely; it will dictate which of your European conversion assets qualify for US tax credit eligibility.

Mandatory human rights assessment completed at the Salar de Atacama operation

You completed a mandatory human rights assessment at the Salar de Atacama site, using the Initiative for Responsible Mining Assurance (IRMA) standard as the benchmark. The third-party auditor confirmed that Albemarle Corporation (ALB) met 70% of over 400 rigorous IRMA requirements, earning an IRMA 50 Rating. This assessment is crucial because the operation faces ongoing legal scrutiny; for example, the State Defense Council filed a lawsuit alleging environmental damage from water extraction impacting the fragile ecosystem and the Peine Indigenous Community.

The legal team must use the IRMA findings to proactively address the specific areas flagged as needing improvement, especially regarding stakeholder engagement and grievance mechanisms, to mitigate litigation risk.

• Address findings on human rights risk assessments.
• Maintain dialogue with the Council of Atacameño Peoples.
• Ensure compliance with water usage monitoring agreements.
• Leverage the IRMA 50 rating in public disclosures.

Finance: draft the 13-week cash view by Friday, incorporating potential impacts from the Chilean discount requirements.

Albemarle Corporation (ALB) - PESTLE Analysis: Environmental factors

You're looking at how resource management and climate goals are shaping Albemarle Corporation's operational costs and market perception right now, in 2025. Honestly, the environmental front is where the real capital allocation decisions are being made, especially around water in South America and carbon in your conversion plants. The pressure is on to prove that the massive demand for battery materials doesn't have to come with an equally massive environmental footprint.

Water Stewardship and Resource Efficiency

Water is a major operational risk, particularly in arid regions like Chile. Albemarle has made tangible progress here, which should help ease some investor anxiety about resource scarcity. Specifically, they achieved a 28% reduction in freshwater intensity at their Chilean operations, largely by optimizing the La Negra facility efficiency. This kind of operational win directly translates to lower regulatory risk and potentially lower long-term operating expenses.

The future of water management hinges on technology adoption. You need to watch their progress on Direct Lithium Extraction (DLE) technology closely. The industry consensus is that DLE has the potential to reduce water consumption by up to 70% compared to traditional evaporation ponds, which is a game-changer if they scale it effectively. If onboarding DLE takes longer than expected, the risk to their Jordan targets rises.

Here is a quick look at their stated water intensity goals versus where they stood at the end of 2024:

Metric	2019 Baseline	2030 Target	2024 Status
Freshwater Intensity Reduction (Chile & Jordan)	(Reference)	25% Reduction	On track (Ahead in Chile)
Chilean Freshwater Intensity Improvement	(Reference)	(Implied progress toward 2030)	28% Reduction achieved at La Negra
Jordan Water Intensity Improvement	(Reference)	(Implied progress toward 2030)	Projects on track for 2025 completion

Decarbonization and Energy Transition

For the Energy Storage segment, the commitment is clear: grow while remaining Scope 1 and 2 carbon intensity-neutral. This is a critical promise to EV makers and grid storage providers who are scrutinizing their entire supply chain emissions. They are achieving this through a dual approach: operational efficiencies and increased renewable power procurement.

In 2024, Albemarle reported that 24% of their total electricity consumption came from renewable sources, a solid jump from 16% the year prior. That progress is not uniform, though. For example, facilities like Silver Peak, Nevada, and La Negra in Chile were running on 100% renewable electricity in 2024. Still, the Specialties segment is reportedly behind on its intensity basis target, even if it's on track on an absolute basis.

You should track these key GHG targets:

• Energy Storage: Grow in a scope 1 and 2 carbon intensity-neutral manner (2019 baseline). Status: Ahead.
• Specialties: Reduce scope 1 and 2 carbon intensity by 35% by 2030 (2019 baseline). Status: On track (absolute); Behind (intensity).
• Ketjen: Reduce scope 1 and 2 carbon intensity by 35% by 2030 (2019 baseline). Status: On track (absolute); Behind (intensity).

Finance: draft the 13-week cash view by Friday, specifically modeling the capital expenditure required to accelerate DLE deployment in the next two quarters.