RIO News: Albemarle Stock Surge Despite Uncertainty of Rio Tinto's Lithium Acquisitions - 5th Oct 2024, 1:33am

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October 4, 2024 - Rises on news that Rio Tinto Plc (NYSE:RIO) is considering lithium acquisitions, as reported by The Australian despite no guarantee of successful acquisition.

The Australian report suggests that Rio Tinto Plc is considering Albemarle (NYSE:ALB) and Arcadium Lithium (NYSE:ALTM), two major players in lithium market, as potential targets. But it's important to note that negotiations are ongoing, and there is no guarantee of a successful acquisition.

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