Albemarle targets over $100 mln in value financial savings

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Albemarle targets over $100 mln in value financial savings

Nov 6 (Reuters) - Albemarle Corp ALB.N stated on Wednesday it had began a value management program


Nov 6 (Reuters)Albemarle Corp ALB.N stated on Wednesday it had began a value management program that targets over $100 million in financial savings within the subsequent two years, because the world’s largest lithium producer struggles with decrease costs.

The corporate stated final month it might reduce prices, however had not specified any quantity.

Albemarle didn’t present extra particulars on this system.

(Reporting by Taru Jain; Modifying by Sriraj Kalluvila)

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