Albemarle Corporation reported better-than-expected second-quarter earnings for 2025, driven by increased lithium demand and volume growth. The company posted revenue of $1.33 billion, surpassing the estimated $1.22 billion, and an adjusted earnings per share of $0.11, compared to an anticipated loss of $0.78 per share. Despite a slump in lithium prices, Albemarle has implemented cost-cutting measures and reduced its capital expenditure outlook for 2025 to a range of $650 million to $700 million. The company maintains its full-year earnings assumptions based on lithium pricing at $9 per kilogram and expects to generate positive free cash flow in 2025. These financial results have contributed to a surge in Albemarle's shares.