Rock Hoffman's questions to Albemarle Corp (ALB) leadership • Q2 2025
Question
Rock Hoffman of Bank of America asked for the rationale behind the changing sales mix between contract and spot volumes in the second half of 2025 and sought clarity on the numerical pricing assumption used in the company's guidance.
Answer
CEO Kent Masters stated the mix change is driven by customer demand timing. CFO Neal Sheorey added that the guidance assumes a continuation of the year-to-date average price of approximately $9/kg LCE, which is based on a basket of regional prices and products, not a single spot price.