Rio Tinto's Interest Boosts Arcadium Lithium (ALTM)
ALTMArcadium Lithium plc(ALTM) Gurufocus·2024-10-04 23:50

Arcadium Lithium (ALTM, Financial) shares increased by 13.04% today as rumors circulated about a potential acquisition by Rio Tinto Group, aiming to expand its presence in the lithium industry. This development has spurred investor optimism, leading to a notable rise in the stock price, which is currently valued at $3.165. Arcadium Lithium (ALTM, Financial) presents an intriguing investment opportunity in the current market landscape. The company, having been impacted by low lithium prices, now stands out a ...