{"schema_version":"secwatch.filing_event.v1","accession":"0000915913-24-000156","form_type":"8-K","ticker":"ALB","cik":"0000915913","company_name":"ALBEMARLE CORP","filed_at":"2024-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.378033+00:00","generated_at":"2026-05-30T05:02:31.470097+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Albemarle Q3 net loss $1.1B; announces 6-7% workforce reduction, $300-400M annual cost savings","bullets":["Net loss of $1.1B ($9.45/sh); adjusted loss $1.55/sh; includes $861M asset write-off charges.","Adjusted EBITDA $211M; Energy Storage & Specialties volumes up 16% and 4% YoY.","Full-year 2024 outlook maintained: net sales $5.5-6.2B, adj. EBITDA $0.9-1.2B based on $12-15/kg lithium.","Cost restructuring: 6-7% workforce cut (~15% of non-mfg), annual savings $300-400M; FY25 capex ~$800-900M (down ~50% YoY)."],"urls":{"canonical":"https://secwatch.observer/filing/0000915913-24-000156","json":"https://secwatch.observer/filing/0000915913-24-000156.json","markdown":"https://secwatch.observer/filing/0000915913-24-000156.md","text":"https://secwatch.observer/filing/0000915913-24-000156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000156/0000915913-24-000156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/915913/000091591324000156/alb-20241106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:02:31.470097+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}