Research · Sep 3, 2026
Albemarle endured a second year of deep lithium cycle trough in FY2025, with revenue of ~$4.4B (-18%), adjusted EBITDA ~$800M, and EPS near breakeven as realized LCE prices fell to ~$13/kg — 80% below the FY2022-FY2023 peak. Kemerton Trains 3-4 were deferred indefinitely and capex cut ~60% to ~$750M. Net leverage reached ~4.4x. The recovery thesis requires lithium prices toward $20-25/kg by FY2027 as EV demand absorbs current supply. Atacama brine operations at sub-$5/kg cost are the cycle survival anchor.
Research · Apr 13, 2026
Bloomberg's chokepoint alert favors oil majors (XOM, CVX, OXY) and copper leaders (FCX, BHP) amid Hormuz and minerals risks, while ALB faces headwinds. Ranked picks highlight resilient FCF machines at attractive valuations.
Research · Apr 13, 2026
France's commitment to nearly double fiscal incentives for electric power transition by 2030 creates significant opportunities for US-listed companies with European exposure. We analyze 5 stocks across renewable energy (ENLT, NEE), battery materials (ALB), automotive (STLA), and infrastructure (GE) that stand to benefit from this €billion surge in green spending.
Research · Apr 13, 2026
VW's US ID.4 cancellation signals EV slowdown, boosting Ford and GM's ICE/hybrid profits while pressuring Rivian, Lucid, Tesla's core, and Albemarle. Legacy names offer value at low multiples; pure-plays face cash crunch. Rank: Buy GM/F, avoid others.
Research · Apr 10, 2026
China's initiatives to dominate the $190B critical minerals market pressure lithium specialists like ALB and SQM while favoring diversified copper leaders BHP, RIO, and FCX. MP offers speculative upside via U.S. rare earth independence. Ranked picks highlight copper's resilience amid supply wars.
Research · Apr 10, 2026
China's bid to dominate the $190B critical minerals market pressures lithium producers like ALB and SQM but favors diversified copper giants BHP, RIO, and FCX, plus U.S. rare earth play MP. Backed by fresh financials and earnings guidance, the thesis ranks clear winners amid supply risks.
Research · Apr 10, 2026
New Pacific seabed rare earth mining plans near Guam, driven by US-China competition, spotlight opportunities for US critical minerals firms. MP Materials tops the list as the domestic rare earth leader, followed by diversified giants like Rio Tinto and Albemarle. The article ranks five stocks with detailed financials and theme exposure analysis.
Research · Apr 10, 2026
Chile's new government's US-China balancing act eases policy risks for critical minerals miners, with diversified copper leader FCX and lithium producer ALB emerging as top winners, while Chile-centric SQM lags. Financial metrics highlight FCX's superior margins and valuation, positioning it for gains amid stable supply chains. Investors should track Chilean tax bills and lithium pricing for confirmation.
Research · Apr 10, 2026
Japan and France's critical minerals pact targets lithium, cobalt, and rare earths, favoring US-listed producers like SQM, ALB, and MP amid supply chain diversification. SQM leads with strong margins and guidance, while developers like LAC offer upside leverage. Ranked picks highlight scale and policy alignment as winners.
