---
title: "Albemarle soars to nearly three-year high as lithium rebound sparks momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283050127.md"
description: "Albemarle (ALB) surged 16.3% to its highest close since July 2023, driven by a rebound in global lithium prices, which have risen ~40% YTD due to increased electric vehicle demand and supply constraints. Battery-grade lithium carbonate prices have stabilized between $20K-$24K/ton after hitting lows of $9K-10K/ton in 2025. Albemarle forecasts 15%-40% growth in lithium demand by 2026, supported by cost-reduction initiatives expected to yield $150 million in productivity improvements. Other lithium stocks also saw gains, including Sigma Lithium (SGML) and Lithium Argentina (LAR)."
datetime: "2026-04-16T20:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283050127.md)
  - [en](https://longbridge.com/en/news/283050127.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283050127.md)
---

# Albemarle soars to nearly three-year high as lithium rebound sparks momentum

Albemarle (ALB) soared to the top of the S&P 500 leaderboard on Thursday, finishing up 16.3% to post its best close since July 2023, with the stock's recent strength primarily driven by a sharp rebound in global lithium prices from their 2025 troughs. As of mid April, Chinese lithium carbonate prices have jumped ~40% YTD, according to Trading Econo...

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