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On November 1, local time, Albemarle, the world's largest lithium miner, released its financial results for the third quarter as of September 30, 2023. The financial report shows that the net sales in the third quarter were 2.31 billion US dollars, an increase of 10.5% year-on-year; Net profit of 302.5 million US dollars, a year-on-year decrease of 66.3%; Diluted earnings per share were $2.57, a year-on-year decrease of 66.2%. The company expects net sales to increase by approximately 30% to 35% year-on-year in 2023.
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