Albemarle
35 named things its latest annual report says its results depend on, each in the company's own words. 17 of them are also named by other companies we've read.
Suppliers
Windfield Holdings Pty. Ltd. (Greenbushes mine)
depends on · 49%-ownedWe obtain lithium: (a) by purchasing lithium concentrate from our 49%-owned joint venture, Windfield Holdings Pty. Ltd. (“Windfield”), which directly owns 100% of the equity of Talison Lithium Pty. Ltd., a company incorporated in Australia (“Talison”) that owns the Greenbushes mine, and from our 50%-owned unincorporated joint venture, MARBL Lithium Joint Venture (“MARBL”) in Western Australia, which owns the Wodgina hard rock lithium mine project (“Wodgina”); and (b) through solar evaporation of our ponds at the Salar de Atacama, in Chile, and in Silver Peak, Nevada.Business (Item 1)
Partners and platforms
MARBL Lithium Joint Venture (Wodgina)
depends on · 50%Following this restructuring, Albemarle and MRL each own 50% of Wodgina, and MRL operates the Wodgina mine on behalf of the joint venture.Business (Item 1)
Jordan Bromine Company Limited (JBC)
depends on · 50% interestIn addition, through our 50% interest in Jordan Bromine Company Limited (“JBC”), a consolidated joint venture established in 1999 with operations in Safi, Jordan, we acquire bromine that is originally sourced from the Dead Sea.Business (Item 1)
Other companies
ChemCat AcquisitionCo, LLC
an estimated $536 million in cashnamed as a riskFollowing the completion of the transactions contemplated in the definitive agreement (collectively, the “Refining Solutions Business Transaction”), the Company will receive an estimated $536 million in cash and will own 49% of the common units of Holdco.Business (Item 1)
Axens SA
€105 millionIn a separate transaction, on January 23, 2026, the Company completed the sale of its 50% ownership interest in Eurecat S.A., a joint venture included in the Refining Solutions reporting unit, for €105 million (approximately $123 million using foreign exchange rates on the closing date) in cash, to Axens SA.Business (Item 1)
Competitors
Sociedad Quimica y Minera de Chile S.A. (SQM)
competes withMajor competitors in lithium compounds include Sociedad Quimica y Minera de Chile S.A., Sichuan Tianqi Lithium, Jiangxi Ganfeng Lithium, Rio Tinto plc, Pilbara Minerals, Tesla and a large number of additional Chinese companies.Business (Item 1)
Lanxess AG
competes withOur most significant competitors are Lanxess AG, Israel Chemicals Ltd and Rio Tinto, as well as producers in India and China.Business (Item 1)
Places
China
earns from · 39% of our total net salesnamed as a riskIn 2025, net sales shipped to or within China represented 39% of our total net sales.Risk factors (Item 1A)
Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more
Kemerton lithium hydroxide plant (Australia)
operates in · $1.0 billionnamed as a riskAlthough this review did not result in any impairment to goodwill or long-lived assets, the write-off of the assets with no future economic value resulted in charges of $1.0 billion in 2024.Risk factors (Item 1A)
Western Australia
operates innamed as a riskRelationships with local communities and other stakeholders may impact our operations, particularly in Chile and Western Australia.Risk factors (Item 1A)
Also named by AA
Salar de Atacama, Chile
operates innamed as a riskTo the extent that our early warning plan is triggered, we may be required to significantly reduce or halt our pumping rates, which could cause a significant decrease in the production of lithium.Risk factors (Item 1A)
Hazards
U.S. Gulf Coast hurricanes
operates innamed as a riskHistorically, major hurricanes have caused significant disruption to the operations on the U.S. Gulf Coast for many of our customers and certain of our suppliers of raw materials, which has had an adverse impact on volume and cost for some of our products.Risk factors (Item 1A)
Chile
operates innamed as a riskFor example, our Salar de Atacama and La Negra sites in Chile have high baseline water stress indicators, where fluctuation in precipitation could materially impact our ability to extract lithium brine and production of the converted lithium may be interrupted.Risk factors (Item 1A)
Chile earthquakes
operates innamed as a riskOur operations in Chile could be subject to fluctuations in precipitation and earthquakes, and our operations in Asia could be subject to weather events such as typhoons.Risk factors (Item 1A)
Jordan
operates innamed as a riskIn addition, there have been concerns regarding water scarcity, declining precipitation and drought in Jordan, where our joint venture, JBC, produces bromine.Risk factors (Item 1A)
Commodities and inputs
Chinese Renminbi
exposed to its price · approximately 38% of our net salesnamed as a riskWith respect to our potential exposure to foreign currency fluctuations and devaluations, for the year ended December 31, 2025, approximately 38% of our net sales were denominated in currencies other than the U.S. Dollar.Risk factors (Item 1A)
Also named by AAOI, AOS, APD, BBW, BWA, CGNX, COHR, DD and 15 more
Lithium
exposed to its price · approximately 85% to 95%named as a riskLithium prices significantly decreased by approximately 85% to 95% from their high in January 2023 throughout 2024 and into 2025, which adversely impacted our financial results during those periods.Risk factors (Item 1A)
Chlorine
depends onnamed as a riskFor example, our lithium and bromine businesses rely upon our continued ability to obtain key raw materials, such as chlorine or soda ash, of sufficient quality and in adequate amounts as part of our supply chain to meet our customers’ demand for our products.Risk factors (Item 1A)
Molybdenum and rare earths
exposed to its pricenamed as a riskIncreases are primarily driven by tightening of market conditions and major increases in the pricing of key constituent materials for our products such as crude oil, chlorine and metals (including molybdenum and rare earths, which are used in the refinery catalysts business).Risk factors (Item 1A)
Regulators
Brominated flame retardant regulation (EU)
subject tonamed as a riskAdditional government regulations, including limitations or bans on the use of brominated flame retardants, could result in a decline in our net sales of brominated fire safety solutions and have an adverse effect on our sales and profitability and make it necessary for us to develop alternative products.Risk factors (Item 1A)
Chinese government energy consumption targets
subject tonamed as a riskThe Chinese government has also instituted energy intensity and energy consumption targets in a number of provinces in its efforts to reduce energy consumption, resulting in energy quotas and shortages in energy supply that can be disruptive to construction and manufacturing operations.Risk factors (Item 1A)
Laws and programs
U.S. Foreign Corrupt Practices Act (FCPA)
subject to · $218.5 millionnamed as a riskIn September 2023, in connection with voluntary self-reporting of potential violations of the FCPA, we finalized agreements with the U.S. Department of Justice (“DOJ”) and the SEC pursuant to which we paid a total of $218.5 million in aggregate fines, disgorgement, and prejudgment interest and agreed to certain ongoing compliance reporting obligations.Risk factors (Item 1A)
Also named by A, ADBE, ADP, AIR, AJG, AME, AMZN, AOS and 112 more
OECD Pillar Two global minimum tax
subject to · 15%named as a riskWe have assessed this framework and determined, based upon available guidance, that these changes could have a material impact to our results of operations, but it is dependent on our ongoing mix of earnings.Risk factors (Item 1A)
Also named by ABNB, ACN, ADI, ADM, ADSK, AKAM, AMAT, APH and 70 more
2022 Credit Agreement
1.20%named as a riskDuring 2024, the Company’s ratings were downgraded by two of the three main credit ratings agencies, resulting in the increase of the applicable margin for borrowings under the 2022 Credit Agreement to 1.20%.Risk factors (Item 1A)
Also named by HALO
One Big Beautiful Bill Act (OBBBA)
subject tonamed as a riskAmong other potential impacts, this bill included a number of tax provisions including extending existing provisions that were set to expire, substantive changes in international tax rules, and the repeal or phase outs of certain energy tax credits.Risk factors (Item 1A)
Also named by AA, ABR, ADI, ADM, AMAT, AMGN, AMKR, AMRC and 121 more
CERCLA (Superfund)
subject tonamed as a riskWe may have liability as a potentially responsible party (“PRP”) with respect to active off-site locations under CERCLA or state equivalents.Business (Item 1)
Also named by AA, AAOI, AN, APD, APLD, ATI, AWK, BMY and 27 more
Toxic Substances Control Act (TSCA)
subject tonamed as a riskSuch a decrease in demand could have an adverse impact on our business and results of operations.Risk factors (Item 1A)
Also named by A, CLH, ECL, EMN, ESI, IFF, OLN, PRM and 1 more
U.S.-China tariffs
subject tonamed as a riskFor example, over the past several years the U.S. and China have applied tariffs to certain of each other’s exports, including tariffs on Chinese electric vehicles and lithium-ion batteries initiated in 2025, which have resulted in, and may continue to cause, shifting trade flows and restrictions on certain sales of goods into China and domestic demand for products manufactured in China.Risk factors (Item 1A)
EU REACH
subject tonamed as a riskOur significant manufacturing presence and sales activities in the European Union require significant compliance costs and may result in increases in the costs of raw materials we purchase and the products we sell.Business (Item 1)
Chemical Facility Anti-Terrorism Standards (CFATS)
subject tonamed as a riskWe have implemented all necessary changes to comply with the rules under the CFATS Program to date, however, we cannot determine with certainty any future costs associated with any additional security measures that DHS may require.Risk factors (Item 1A)
U.S. EV policy changes
subject tonamed as a riskA decline in our customers’ industries may have a material adverse effect on our sales and profitability.Risk factors (Item 1A)
Technology
Electric vehicles
earns fromnamed as a riskIn particular, demand for lithium is significantly dependent on the development and adoption of new applications for lithium batteries and the growth in demand for plug-in hybrid electric vehicles, battery electric vehicles and energy storage systems.Risk factors (Item 1A)
Also named by AAP, AZO, BWA, GPC, LKQ, ON, PRM, SUN and 1 more
Non-lithium battery technologies
competes withnamed as a riskCommercialized battery technologies that use no, or significantly less, lithium could materially and adversely impact our prospects and future revenues.Risk factors (Item 1A)