Albemarle Corporation

Liquidity stood near 3.4 billion dollars at June 30, 2025, with about 1.8 billion dollars of cash and 3.6 billion dollars of total debt; covenant net debt to adjusted EBITDA measured roughly 2.3 times.

The company reduced 2025 capex to 650 to 700 million dollars and achieved the high end of its 400 million dollar cost and productivity program, aiming for positive free cash flow this year at current prices. Dividend payments continue at 0.405 dollars per quarter.

Overall balance sheet flexibility is adequate, though cyclical cash generation and mandatory convertible preferred dividends are watch‑items.