0117 GMT - The outlook for lithium prices has improved on Chinese supply disruptions, but shares in companies that mine the battery metal appear to be getting ahead of themselves, according to UBS analysts. The bank raises its lithium-price forecasts for the next few years by as much as 27%, and analysts say the worst of the market downturn appears to have passed. Yet equities have run too hard, too fast, they say. "We still have more to learn on the China crackdown on mining licenses" and "the actual supply disruption could be more muted than equities might suggest," say the analysts. Australian lithium stocks are a tad down in Sydney following large gains on Monday. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

August 11, 2025 21:17 ET (01:17 GMT)

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