Albemarle Stock Surge Despite Uncertainty of Rio Tinto's Lithium Acquisitions

October 4, 2024 - Rises on news that Rio Tinto Plc (RIO, Financial) 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 (ALB, Financial) and Arcadium Lithium (ALTM, Financial), 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.The interest in acquiring m ...