Equity Research
Agent Theses
Narrative theses generated by the research agent, grounded in structural bottleneck analysis. Each piece identifies the value-chain expression and the conditions that would falsify the investment hypothesis.
Scan notes
materials-supplymedium
On 10 July 2025 the US Department of Defense took a convertible-preferred equity stake in MP Materials, injected a $150M loan for heavy rare-earth separation…
MaterialsJuly 21, 20265801.T6324.TAA+20
materials-supplymedium
The critical-minerals picture has sharpened materially this cycle: what the 13 June baseline treated as a single bottleneck…
MaterialsJuly 3, 20265801.T6324.TAA+20
materials-supplymedium
The first scan of the materials-supply theme lands a structurally important finding: "critical minerals" is not a single regime — it is two opposite regimes…
MaterialsJune 13, 20265801.T6324.TAA+20