I have written in the past why I am bullish on lithium over the next few years.
To recap there is increasing demand for lithium due to electric vehicles and the need for storage of intermittent power production i.e. solar and wind along with battery powered portable devices. The supply of lithium does not appear to be able to keep up with demand which has led to price increases.
Albemarle is the leader in global lithium production and has done two things in the last year ensure they maintain their lead.
The first thing was the acquisition of Rockwood Holdings which was another large producer of lithium. The second news item that solidifies their number one role was the recent agreement Albemarle made with the Chilean government to increase their lithium brine extraction rate which will lead to increased production of lithium:
Here is the company's recent presentation on the global lithium market.