Albemarle and fellow lithium miners jump on Zimbabwe export ban
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Lithium miners, including Albemarle Corp., are experiencing a surge in stock prices following Zimbabwe's suspension of all raw mineral and lithium concentrate exports. This ban, effective immediately, adds supply pressure to an already tight market, with lithium prices having doubled since late October 2025. Analysts are becoming more optimistic about the sector, with Bank of America upgrading Albemarle due to improved market fundamentals and strong demand for battery storage. Lithium carbonate futures remain high, above $18 per kilogram.
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