Atlas Critical Minerals initiated with a Buy at Alliance Global

Alliance Global analyst Jake Sekelsky initiated coverage of Atlas Critical Minerals (ATCX) with a Buy rating and $42 price target The firm views the company as an emerging critical minerals company with a diversified portfolio of projects in Brazil including rare earths, graphite, titanium, and uranium. It sees increasing focus on the security of critical minerals supply chains in the Americas and corresponding decoupling from Chinese supply serving as a “major tailwind” for Atlas Critical going forward.