Albemarle Corporation (ALB): Análise de Pestle [Jan-2025 Atualizada]

No cenário dinâmico da tecnologia sustentável, a Albemarle Corporation surge como um participante fundamental que navega pelas complexas interseções de inovação global, responsabilidade ambiental e desenvolvimento mineral estratégico. À medida que o mundo se acelera em direção à eletrificação e soluções de energia renovável, essa análise abrangente de pilotes revela os desafios e oportunidades multifacetadas que moldam o posicionamento estratégico de Albemarle nos minerais críticos e ecossistema de materiais de bateria. De tensões geopolíticas a avanços tecnológicos, a exploração a seguir oferece uma perspectiva esclarecedor de como essa empresa global é estrategicamente manobra por meio de um ambiente de negócios cada vez mais intrincado.

Albemarle Corporation (ALB) - Análise de pilão: Fatores políticos

Cadeias de suprimentos de lítio afetadas pelas tensões geopolíticas EUA-China

Em 2024, as tensões comerciais EUA-China afetaram significativamente as cadeias de suprimentos de lítio. O Departamento de Comércio dos EUA relatou um aumento de 37% nas tarifas de importação de lítio da China em 2023. A produção de lítio de Albemarle no Chile e na Austrália se tornou estrategicamente crítica.

País	Taxa de tarifa de lítio	Impacto em alb
China	37%	Aumento dos custos de produção
Estados Unidos	25%	Diversificação da cadeia de suprimentos

Incentivos do governo dos EUA para produção de bateria de veículos elétricos

A Lei de Redução de Inflação fornece créditos tributários substanciais para a produção de bateria doméstica. Albemarle pode potencialmente se beneficiar desses incentivos.

• Crédito do imposto sobre fabricação de baterias: até US $ 35 por quilowatt-hora
• Requisito de conteúdo doméstico: 40% em 2024, aumentando para 50% até 2025
• Valor potencial de incentivo total: US $ 3,5 bilhões para fabricantes de baterias

Política estratégica de minerais críticos

A estratégia de resiliência da cadeia de suprimentos de minerais estratégicos e críticos dos EUA identifica o lítio como um Recurso de Segurança Nacional Crítica. Os ativos de lítio de Albemarle em Nevada e na Carolina do Norte estão alinhados com os objetivos estratégicos nacionais.

Mineral crítico	Investimento do governo dos EUA	Importância estratégica
Lítio	US $ 2,8 bilhões	Alta prioridade de segurança nacional

Foco regulatório de transição de energia sustentável

A Agência de Proteção Ambiental (EPA) implementou regulamentos mais rígidos sobre emissões de carbono, impactando diretamente as estratégias de produção de Albemarle.

• Alvo de redução de emissão de carbono: 50% até 2030
• Investimento energético renovável necessário: estimado US $ 500 milhões para conformidade
• Pena potencial de não conformidade: até US $ 50.000 por dia

Albemarle Corporation (ALB) - Análise de pilão: Fatores econômicos

Demanda global por lítio impulsionada pela expansão do mercado de veículos elétricos

A partir de 2024, o mercado global de lítio demonstra uma trajetória de crescimento significativa. O mercado de baterias de íons de lítio de veículo elétrico (EV) deve atingir US $ 129,1 bilhões até 2027, com um CAGR de 25,4%.

Ano	Demanda global de bateria EV (MWH)	Consumo de lítio (toneladas)
2023	670,000	105,000
2024	850,000	135,000

Preços voláteis de commodities no setor de materiais de bateria

Os preços do carbonato de lítio experimentaram volatilidade significativa, variando de US $ 20.000 a US $ 80.000 por tonelada métrica em 2023-2024.

Produto de lítio	Faixa de preço 2024 ($/ton)	Volatilidade do mercado (%)
Carbonato de lítio	25,000 - 65,000	42%
Hidróxido de lítio	30,000 - 70,000	38%

Investimento em infraestrutura de energia renovável que apoia o crescimento

O investimento global de energia renovável atingiu US $ 495 bilhões em 2023, com crescimento projetado para US $ 614 bilhões até 2025.

Setor de energia	Investimento 2023 ($ B)	Investimento projetado 2025 ($ B)
Solar	191	240
Vento	164	210

Desafios macroeconômicos das flutuações de inflação e taxa de juros

As taxas de juros do Federal Reserve dos EUA permaneceram em 5,25 a 5,50% em 2024, com a taxa de inflação em 3,4% em janeiro de 2024.

Indicador econômico	2023 valor	2024 Projeção
Taxas de juros	5.25-5.50%	5.00-5.25%
Taxa de inflação	3.4%	2.8%

Albemarle Corporation (ALB) - Análise de pilão: Fatores sociais

Crescente preferência do consumidor por tecnologias de energia sustentável

O mercado global de energia renovável se projetou para atingir US $ 1.977,6 bilhões até 2030, com um CAGR de 8,4%. A demanda por bateria de íons de lítio que deve crescer para 2.850 GWh até 2030.

Segmento de mercado	2024 Valor projetado	Taxa de crescimento
Mercado Global de Energia Renovável	US $ 1.977,6 bilhões	8,4% CAGR
Demanda de bateria de íons de lítio	2.850 GWh	15,2% CAGR

Aumentar a ênfase da força de trabalho na governança ambiental e social

Os investimentos da ESG projetados para atingir US $ 53 trilhões até 2025, representando 33% dos ativos globais sob gestão.

Esg Métrica de Investimento	2025 Projeção
Valor total de investimento ESG	US $ 53 trilhões
Porcentagem de AUM global	33%

A crescente conscientização global das estratégias de mitigação das mudanças climáticas

As metas globais de redução de carbono visam limitar o aumento da temperatura para 1,5 ° C, exigindo um investimento anual de US $ 4,5 trilhões em energia limpa.

Métrica de mitigação climática	2024-2030 Target
Limite de aumento da temperatura	1,5 ° C.
Investimento anual de energia limpa	US $ 4,5 trilhões

Muda demográfico para a adoção da tecnologia verde

O mercado de veículos elétricos deve atingir 45% de participação no mercado global até 2035, com a demanda de lítio aumentando para 1 milhão de toneladas anualmente.

Métrica de tecnologia verde	2035 Projeção
Participação de mercado de veículos elétricos	45%
Demanda anual de lítio	1 milhão de toneladas

Albemarle Corporation (ALB) - Análise de pilão: Fatores tecnológicos

Tecnologias avançadas de extração e processamento de lítio

A Albemarle Corporation investiu US $ 250 milhões em tecnologias avançadas de extração de lítio em 2023. A tecnologia de extração direta de lítio (DLE) da empresa atinge a taxa de recuperação de lítio de 90% com níveis de pureza de 99,5%. Em 2024, as capacidades tecnológicas de Albemarle permitem o processamento de 30.000 toneladas de lítio anualmente de suas operações no Chile e na Austrália.

Tecnologia	Taxa de recuperação	Nível de pureza	Capacidade anual
Extração direta de lítio	90%	99.5%	30.000 toneladas métricas

Pesquisa contínua na otimização de desempenho da bateria

A Albemarle alocou US $ 180 milhões para P&D de tecnologia de bateria em 2023. A pesquisa atual se concentra no desenvolvimento de tecnologias de bateria de íons de lítio com:

• Densidade de energia: 300 wh/kg
• Velocidade de carregamento: cobrança rápida de 5 minutos
• Ciclo Life: 2.500 ciclos completos de carga/descarga

Investimento em inovações sustentáveis ​​de engenharia química

Albemarle comprometeu US $ 300 milhões a inovações sustentáveis ​​de engenharia química entre 2022-2024. As iniciativas de tecnologia verde da empresa visam reduzir as emissões de carbono em 40% nos processos de fabricação até 2030.

Área de investimento	Investimento total	Alvo de redução de emissão	Ano -alvo
Engenharia Química Sustentável	US $ 300 milhões	40%	2030

Desenvolvimento de processos de reciclagem de economia circular para materiais de bateria

A Albemarle estabeleceu uma instalação de reciclagem de bateria de US $ 150 milhões com uma capacidade de processamento de 10.000 toneladas de baterias de íons de lítio anualmente. O processo de reciclagem alcança:

• Recuperação de lítio: 95%
• Recuperação de cobalto: 98%
• Recuperação de níquel: 96%

Investimento em instalações de reciclagem	Capacidade anual de processamento	Recuperação de lítio	Recuperação de cobalto	Recuperação de níquel
US $ 150 milhões	10.000 toneladas métricas	95%	98%	96%

Albemarle Corporation (ALB) - Análise de pilão: Fatores legais

Conformidade com regulamentos ambientais em várias jurisdições

A Albemarle Corporation enfrenta paisagens regulatórias ambientais complexas em várias jurisdições. A partir de 2024, a empresa deve cumprir:

Jurisdição	Regulamentação ambiental -chave	Custo de conformidade (USD)
Estados Unidos	Lei do ar limpo	US $ 17,3 milhões anualmente
União Europeia	Regulamento de alcance	US $ 12,6 milhões anualmente
China	Lei de Proteção Ambiental	US $ 9,4 milhões anualmente

Proteção de propriedade intelectual para inovações tecnológicas

Status do portfólio de patentes:

Categoria de patentes	Número de patentes ativas	Investimento total em P&D (USD)
Tecnologias de processamento de lítio	37 patentes ativas	US $ 124,5 milhões
Inovações de materiais da bateria	22 patentes ativas	US $ 86,3 milhões

Navegando restrições comerciais internacionais em minerais críticos

Albemarle gerencia restrições comerciais internacionais complexas para extração e processamento críticos de minerais:

País	Restrição comercial	Custo de conformidade (USD)
Estados Unidos	Lei de Produção de Defesa	US $ 8,7 milhões
Austrália	Estratégia de minerais críticos	US $ 5,2 milhões
Chile	Regulamentos de exportação de lítio	US $ 6,9 milhões

Adesão à evolução dos padrões de sustentabilidade e emissões

Métricas de conformidade em emissões:

Padrão de emissões	Alvo de redução	Status de conformidade atual
Protocolo de gases de efeito estufa	Redução de 45% até 2030	32% alcançado a partir de 2024
Iniciativa de metas baseadas em ciências	Net-zero até 2050	Implementação em andamento

Albemarle Corporation (ALB) - Análise de Pestle: Fatores Ambientais

Compromisso em reduzir a pegada de carbono nos processos de fabricação

A Albemarle Corporation visa reduzir o escopo 1 e o escopo 2 emissões de gases de efeito estufa por 30% Até 2030, com um ano de base de 2018. Em 2023, a empresa investiu US $ 12,5 milhões em projetos de eficiência energética em suas instalações de fabricação global.

Tipo de emissão	2018 linha de base (toneladas métricas CO2E)	2023 Nível de corrente (métrica toneladas CO2E)	Progresso de redução
Escopo 1 emissões	425,000	392,000	7.8%
Escopo 2 emissões	275,000	248,000	9.8%

Conservação de água e gerenciamento de recursos sustentáveis

Albemarle se comprometeu a reduzir o consumo de água por 25% Em seus locais de fabricação até 2030. Os investimentos atuais de gerenciamento de água totalizam US $ 8,3 milhões anualmente.

Local de fabricação	Consumo de água 2022 (M³)	Consumo de água 2023 (M³)	Porcentagem de redução
Kings Mountain, NC	1,250,000	1,100,000	12%
Magnolia, AR	875,000	790,000	9.7%

Investimentos em energia renovável para operações corporativas

Albemarle alocou US $ 45,6 milhões para a aquisição de energia renovável, direcionada 40% Uso de energia renovável até 2030.

Fonte de energia	Investimento atual ($)	Geração de energia projetada (MWH)	Porcentagem de mix de energia total
Solar	22,000,000	125,000	18%
Vento	23,600,000	135,000	22%

Desenvolvendo estratégias de economia circular para o ciclo de vida do material da bateria

Albemarle investiu US $ 67,2 milhões em infraestrutura de reciclagem de materiais de bateria, direcionada 30% Conteúdo reciclado em materiais de bateria de íons de lítio até 2025.

Processo de reciclagem	Investimento anual ($)	Volume de material reciclado (toneladas métricas)	Eficiência de reciclagem
Reciclagem de lítio	42,500,000	3,500	85%
Reciclagem 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.