Albemarle rises on smaller-than-expected quarterly loss

Shares of lithium miner Albemarle ALB.N up 2.3% at $59.90 after the bell

Co reports a smaller-than-expected first quarter loss, helped by cost reduction efforts

Quarterly adj. loss of 18 cents per share vs estimated loss of 59 cents per share - LSEG

Co reports net loss attributable to Albemarle common shareholders at $340,000 vs loss of $9.1 million from a year earlier

Up to last close, shares down 32% YTD