Several NC firms crack Fortune’s fastest-growing companies list
Several North Carolina companies have cracked Fortune magazine’s newly released ranking of the nation’s 100 fastest-growing companies for 2023. Here’s a look.
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albemarle
Albemarle misses on revenue, earnings as lithium prices drop; forecast is cut
Lithium mining and chemicals processor Albemarle disclosed financial results Wednesday that fell short of analysts’ expectations.
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Australia’s richest person reportedly is reason why Albemarle drops $4B takeover bid for big lithium producer
Albemarle on Sunday dropped its $4 billion takeover bid for Australia-based mining giant Liontown Resources Limited. And according to the Wall Street Journal Australia’s richest person is a reason why.
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Albemarle pays $218M to settle federal investigations into bribery allegations, Business NC reports
Charlotte-based Albemarle has agreed to pay $218 million to resolve federal investigations into allegations it bribed government officials in multiple foreign countries.
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Kings Mountain lithium mine to be developed by Albemarle, Caterpillar, reports Business NC
The collaboration supports Charlotte-based Albemarle’s efforts to establish Kings Mountain as the first-ever zero-emissions lithium mine site in North America. Caterpillar, based in Irving, Texas, will use Albemarle-produced lithium in its battery production.
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Pentagon, Albemarle to re-open Kings Mountain mine, targeting 5M tons of ‘white gold’ lithium
The Department of Defense has committed $90 million to revive the Kings Mountain mine that closed in 1988, but could contain five million tons of lithium.
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Albemarle moves closer to $4B buy of Australia-based battery mineral provider
North Carolina-based Albemarle is one major step closer to expanding its sourcing for lithium battery materials, moving closer to a “binding agreement” to acquire Australia-based Liontown Resources. It’s already been declared by the Wall Street Journal as the “king of lithium.”
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Earnings: Qorvo, Albemarle, SPX Technologies, Ingersoll Rand, Curtiss-Wright, Dentsply
The latest quarterly financials are in for a host of N.C. companies, Here’s the latest.
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Albemarle joins IBM, Novo Nordisk, Apple, Microsoft, Google on Time’s ‘100’ list
Fresh from being named to the Fortune 500, Charlotte-based Albemarle cracked the newly released Time Magazine’s “100 Most Influential Companies” list along with several big tech firms with a presence in North Carolina.
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