Companies / ICL
NYSEICL Group (ICL) in our theses
ICL Group appears in one of our theses. Below is why it entered the basket and how it has done since publication.
Phosphates, the hidden raw material in LFP batteries: the collision between electric cars and the food market is tightening fertilizer prices
LFP batteries turn phosphates into a battery raw material and pull them away from the fertilizer market, building structural price tension that favors phosphate producers.
Why this company: Sits on both sides of the thesis: it sells phosphate fertilizers and at the same time is building LFP battery materials and battery-grade acid, so it gains from the supply squeeze and from battery demand.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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