LAR.N Hits 52-Week High Amid Strong Market Demand
Shares of LAR.N surged today, reaching a new 52-week high as investor enthusiasm continues to grow. The stock's upward momentum reflects a robust demand for its products, bolstered by recent positive earnings reports and favorable market conditions. Analysts note that this breakout signals a strong bullish trend, with many investors optimistic about the company's future performance. The recent surge has been attributed to strategic initiatives that have enhanced operational efficiency and market positioning, further fueling investor confidence.
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U.S. Rare Earth Stocks Performance: U.S. listed rare earth stocks have shown significant gains, with an increase of over 22%.
Critical Metals Surge: Critical metals have risen by more than 20%, indicating strong market demand.
TMC Metals Growth: TMC Metals has experienced an 11% increase, reflecting positive trends in the sector.
MP Materials Rise: MP Materials has seen an increase of more than 8%, driven by project progress news.

- Rating Upgrade: HSBC upgraded Albemarle from Hold to Buy, raising the price target from $117 to $200, reflecting its sensitivity to rising lithium prices and future profit potential.
- Market Outlook: Analysts expect the lithium market to shift to a deficit in the medium term, revising 2026-2029 China BG lithium carbonate price forecasts upward by 12%-48%, indicating strong expectations for lithium demand growth.
- Price Trends: Since the June trough, BG China lithium carbonate prices have surged approximately 180%, while spodumene prices have increased by 226%, suggesting that the upward trend in lithium prices may be sustainable, further boosting Albemarle's market performance.
- Financial Improvement: Albemarle has enhanced its free cash flow and balance sheet by cutting capital expenditures, selling non-core businesses, and fostering efficiency, which is expected to benefit from rising lithium prices in upcoming contract negotiations over the next 18-24 months.

- Market Outlook Positive: Scotiabank upgraded Albemarle and Lithium Argentina from Sector Perform to Sector Outperform with price targets of $200 and $7.75 respectively, indicating that the current lithium rally is just the beginning of a multi-year tightening cycle.
- Demand Growth Forecast: The analyst predicts lithium demand will reach 2.8 million metric tons by 2030, with a compound annual growth rate of approximately 14% in the base case, suggesting strong market potential even if electric vehicle demand slightly misses expectations.
- Albemarle Financial Improvement: Albemarle has improved its leverage for the fourth consecutive quarter, with expectations of achieving positive free cash flow of $300 million to $400 million by 2025, which, combined with cost-cutting measures, could lead to a significant stock price increase, attracting North American investors.
- Lithium Argentina Operational Performance: Lithium Argentina's Cauchari project produced 34,100 metric tons of lithium carbonate, with cash operating costs below $6,000 per ton, and an expected $26 million reduction in net debt in Q4, indicating improved financial health and resilience in the market cycle.
- Policy Impact: China's Ministry of Finance announced a complete rollback of VAT export rebates for battery products starting January 1, 2027, which is expected to prompt exporters to accelerate overseas shipments, thereby increasing lithium demand and driving prices higher.
- Lithium Price Surge: The most-active lithium carbonate contract on the Guangzhou Futures Exchange closed up 9% at 156,060 yuan/metric ton, marking the highest level since November 2023, reflecting optimistic market expectations for future lithium demand.
- Positive Market Reaction: In pre-market U.S. trading, lithium miners saw significant stock price increases, with Albemarle up 1.7%, SQM up 4.2%, and Lithium Americas up 5.2%, indicating investor confidence in the lithium market outlook.
- Battery Production Boost: Analysts noted that the anticipated short-term increase in battery production will further drive lithium demand, especially as exporters rush to ship batteries ahead of the tax policy changes, enhancing the market position of lithium miners.

- Production Milestone: Lithium Argentina achieved approximately 34,100 tonnes of lithium carbonate production in 2025, reaching the high end of its annual guidance, which underscores the company's strong performance at Argentina's largest lithium operation and solidifies its market position.
- Quarterly Record: The fourth quarter of 2025 saw lithium production reach 9,700 tonnes with an average operating rate of 97%, reflecting not only enhanced production efficiency but also laying a solid foundation for the company's future growth.
- Cost Optimization: The expected cash operating costs for the fourth quarter are projected to be below $6,000 per tonne, down from $6,285 in the third quarter, indicating improved profitability through ongoing operational optimization.
- Strategic Expansion: The company has submitted applications for a Stage 2 expansion of the Cauchari-Olaroz project, aiming to add 45,000 tonnes of lithium carbonate production capacity, demonstrating strong confidence in future growth and a proactive response to market demand.







