Market wraps 11th October 2024
Weekly Wrap 11 October
Rio Tinto's acquisition of Arcadium Lithium has sent shockwaves through the lithium market. With its global reach and potential for supply deals with major carmakers, Rio's move suggests a renewed optimism about the future of lithium and the green energy transition.
In this week’s wrap, Grady covers:
- (0:14): how Rio’s deal sparked interest in lithium mining
- (1:37): why Rio is optimistic about the long-term fundamentals for lithium demand
- (3:03): the potential for increased interest in lithium mining
- (3:54): how the ASX200 performed this week so far
- (4:39): the most traded stocks & ETFs by Bell Direct clients
- (5:10): economic data to watch out for next week.