Market News Today — AI-Curated Stock & Crypto Headlines

SQM's lithium partnership with Codelco exceeded lithium production forecasts, indicating a potential increase in supply to meet growing demand for battery metal.

Imerys SA has decided to put its UK lithium mining project on hold due to funding issues and challenging market conditions for lithium, a key battery metal.

PLS CEO Dale Henderson discusses the company's 147% increase in first-half profit, reaching AU$33 million, and outlines the business outlook and growth strategy.

Rio Tinto has increased its stake in Nemaska Lithium, a Canadian miner, to boost lithium output, aligning with its strategy to invest in Quebec projects related to the battery metal.

BofA upgraded Albemarle stock to Buy from Hold and raised its target price to $190, indicating a positive outlook for the lithium miner.

PLS Group Ltd.

The European Commission is being sued over the 'strategic' status of the Barroso lithium mine in Portugal, a move that could impact the project's development and potentially affect the global lithium market.

Tianqi Lithium Corp.

China is opening up nickel and lithium futures to foreign investors, a move aimed at increasing its influence in global commodities markets.

China's futures exchange is intervening in the lithium market due to violent price swings, aiming to manage market risks.

Albemarle stock fell despite an upgrade from HSBC analyst Ishan Jain, who raised his price target to $200 from $117, citing rising lithium prices.

SQM, a major lithium producer, plans to issue at least $500 million in dollar-denominated bonds, marking its first international bond sale since 2024.