Albemarle's quarterly profit drops 45 percent as lithium sales slow
Aug 5 (Reuters) - Albemarle Corp ALB.N, the world's largest producer of lithium for electric vehicle batteries, posted a 45 percent drop in second-quarter profit on Wednesday as sales dropped across all its divisions.
The company posted net income of $85.6 million, or 80 cents per share, compared to $154.2 million, or $1.45 per share, in the year-ago quarter.
(Reporting by Ernest Scheyder; Editing by Sandra Maler)
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