Company profiles · Rare Earths & Magnets

Albemarle (ALB): US–Canada Tariff Exposure, Government Contracts, and Risk

MIXEDWATCH TIER
Price · Aug 28, 2026 close$137.36
Market cap$16.2B
52-wk range71.25–221.00

Why it’s on the map

World's largest lithium producer; Q2'26 EBITDA +155%. Kings Mountain NC restart is the US angle.

Government money & contracts

Prior DoD Title III Kings Mountain award (status unverified).

Customers & commercial

Global EV battery makers.

Catalysts

Lithium price path; Kings Mountain permitting; Q3 early Nov.

Risk

Chile/Australia assets make tariffs neutral-to-negative; multiple target cuts late Aug.

Tariff durability

Lithium-price beta, not a reshoring pure play.