ALB vs. RIO: Which Lithium Producer Deserves a Spot in Your Portfolio?

Key Takeaways Albemarle and Rio Tinto are well-positioned to benefit from rising lithium demand and prices.ALB focuses on capacity expansion, cost cuts and strong cash flow to support growth.RIO advances major lithium projects, boosts output and leverages a strong balance sheet.Albemarle Corporation (ALB) and Rio Tinto Group (RIO) are prominent players in the lithium space. Both are well-placed to benefit from higher lithium prices driven by strong demand from electric vehicles (EVs) and energy storage syst ...