TETRA Technologies (TTI) Shifts Toward Critical Minerals Amidst Strategic Partnership

TETRA Technologies (TTI) has formed a joint venture with Magrathea Metals to produce magnesium at its Evergreen Project in Arkansas. This strategic shift into the critical minerals sector has led to a 90-day share price return of 64.15% and a year-to-date return of 110.48%. The company's 5-year total shareholder return is 802.18%. Analysts see modest upside to their price targets, but execution risk and potential delays in scaling battery storage demand could impact the valuation narrative.