Lithium price whipsaws again as China futures slide; Albemarle stock rises on asset sale, debt tender
Albemarle shares rose 3.3% to $170.23 after closing an asset sale and launching a debt tender. China’s lithium carbonate futures swung sharply, trading between 146,000 and 155,700 yuan a ton after a 13% drop Tuesday. Traders are watching for China policy signals and Albemarle’s March 12 bond redemption. Lithium prices remain volatile after surging 130% in 2025.