Albemarle (ALB) Q2 2025 Earnings Call July 31, 2025 08:00 AM ET Company ParticipantsKent Masters - Chairman & CEONeal Sheorey - EVP & CFORock Hoffman - Equity Research AssociateDavid Begleiter - Managing DirectorJohn Roberts - Managing DirectorDavid Deckelbaum - MD - Sustainability & Energy TransitionChristopher Perrella - Director Equity ResearchVincent Andrews - Managing DirectorMatthew Hettwer - Equity Research AssociateRachael Lee - Equity Research AssociateConference Call ParticipantsLaurence Alexander ...

Albemarle (ALB) Q2 2025 Earnings Call July 31, 2025 08:00 AM ET Speaker0Low lithium market pricing persist for the remainder of the year. This is largely due to our team's successful execution of measures to reduce operating and capital cost to preserve financial flexibility. For example, as of June, we achieved a 100% run rate of our $400,000,000 cost and productivity improvement target, the high end of our initial target range. We're also further reducing our full year 2025 expected cash expenditures to t ...