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ALB trades at $130, up 60% over the past year, but experts warn that matching China's battery dominance needs decades and hundreds of billions of dollars rather than a mere $500 million.
$24 billion in US battery projects were canceled in 19 months as policy ricocheting between administrations killed capital commitments.
US EV sales dropped 36% after purchase credits expired, but Kent Masters says stationary storage demand is 'off the charts,' up 45% year-over-year through May.
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