Lithium Royalty Corp. Secures $5M Offtake Agreement with Albemarle for Cesium
Written by Emily J. Thompson, Senior Investment Analyst
Source: Businesswire
Updated: 1 hour ago0mins
- Agreement Secured: Lithium Royalty Corp. has entered into a $5 million prepayment agreement with Albemarle for cesium oxide concentrate, marking a strategic move into the cesium market that is expected to contribute to future revenues.
- Project Advancement: Power Metals is advancing its Case Lake project towards a 2026 production target, with capital requirements under C$8 million, demonstrating efficient capital utilization and competitive positioning in the market.
- Resource Potential: The Case Lake project has identified 13,000 tonnes of cesium mineral resource, with potential for an additional 11,000-15,000 tonnes, indicating strong long-term growth potential and robust market demand.
- Market Outlook: Cesium prices have surged to approximately $219,000 per tonne, underscoring its significance in high-value applications across electronics, energy, and defense, further emphasizing the strategic importance of new cesium discoveries.
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Analyst Views on ALB
Wall Street analysts forecast ALB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALB is 103.07 USD with a low forecast of 58.00 USD and a high forecast of 140.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
6 Buy
10 Hold
2 Sell
Hold
Current: 134.590
Low
58.00
Averages
103.07
High
140.00
Current: 134.590
Low
58.00
Averages
103.07
High
140.00
UBS
Neutral -> Buy
upgrade
$107 -> $185
2025-12-05
Reason
UBS
Price Target
$107 -> $185
2025-12-05
upgrade
Neutral -> Buy
Reason
UBS upgraded Albemarle to Buy from Neutral with a price target of $185, up from $107. The firm sees higher energy storage demand and years of slower western capacity additions pushing the lithium markets into deficit in 2026. Lithium prices should move up through the year, which should be a positive driver for Albemarle shares, the analyst tells investors in a research note. UBS now sees a lithium supply deficit in the second half of 2026.
Deutsche Bank
David Begleiter
Hold
maintain
$110 -> $125
2025-12-03
Reason
Deutsche Bank
David Begleiter
Price Target
$110 -> $125
2025-12-03
maintain
Hold
Reason
Deutsche Bank analyst David Begleiter raised the firm's price target on Albemarle to $125 from $110 and keeps a Hold rating on the shares.
Baird
Underperform -> Neutral
upgrade
$81 -> $113
2025-12-02
Reason
Baird
Price Target
$81 -> $113
2025-12-02
upgrade
Underperform -> Neutral
Reason
Baird upgraded Albemarle to Neutral from Underperform with a price target of $113, up from $81. The firm attributes the recent rally in the shares to optimism regarding lithium end-market demand tied to energy storage. Baird is pulling back on its bearish stance on Albemarle but remains on the sidelines due to uncertainty with the company's competitive dynamics and a lack of visibility. The company is seeing an improving demand backdrop driven by stationary storage, contends the firm.
BofA
Neutral
maintain
$100 -> $118
2025-11-24
Reason
BofA
Price Target
$100 -> $118
2025-11-24
maintain
Neutral
Reason
BofA raised the firm's price target on Albemarle to $118 from $100 and keeps a Neutral rating on the shares. The firm increase its FY25 and FY26 EBITDA estimates, driven by higher lithium prices. However, while the improved pricing outlook is increasing near-term earnings estimates, it contends that upside "remains limited."
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About ALB
Albemarle Corporation is engaged in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. The Company’s segments include Energy Storage, Specialties, and Ketjen. The Energy Storage segment develops and manufactures a range of basic lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride. Its Specialties business optimizes its portfolio of bromine and highly specialized lithium solutions. Its Specialties business serves a variety of industries, including energy, mobility, connectivity, and health. Specialty products are essential in both internal combustion and electric vehicles, from high-voltage cables and powertrains to airbags and tires. Its Ketjen segment includes clean fuels technologies (CFT), fluidized catalytic cracking (FCC) catalysts and additives, and performance catalyst solutions (PCS). It serves various markets such as grid storage, automotive, aerospace, conventional energy, and others.
About the author
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Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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