LAC - Lithium Americas Corp.

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Wall Street Analysts Look Bullish on Lithium Americas Corp. (LAC): Should You Buy?

Based on the average brokerage recommendation (ABR), Lithium Americas Corp. (LAC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

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US officials remove key obstacle to Thacker Pass lithium project

(Reuters) -The U.S. Interior Department on Tuesday removed one of the last remaining obstacles to Lithium Americas Corp's Thacker Pass mine project in Nevada by finding nearly all of the site contains the metal used to make electric-vehicle batteries. The opinion from the department's solicitor comes amid an acrimonious debate about whether more U.S. mines should be built to produce lithium and other green energy transition metals. A federal judge in February rejected claims that the Thacker Pass project would cause unnecessary harm to the environment, but ordered officials to study whether roughly 1,300 acres (530 hectares) at the site where Lithium Americas hopes to store waste rock - a byproduct of the mining process - contained the metal.

Lithium Americas Corp. (LAC) Gains As Market Dips: What You Should Know

Lithium Americas Corp. (LAC) closed at $21.41 in the latest trading session, marking a +0.23% move from the prior day.

Lithium Americas Corp. (LAC) Gains But Lags Market: What You Should Know

In the latest trading session, Lithium Americas Corp. (LAC) closed at $19.98, marking a +0.71% move from the previous day.

Chile's lithium move a further push for automakers to diversify supply chain

LONDON (Reuters) -Chile's move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers facing a shortage of electric vehicle (EV) battery materials and could provide fresh urgency to find new sources of the metal. Chilean President Gabriel Boric announced plans last Thursday to create a new state-owned company to control its lithium industry. While there are startups working on sodium ion batteries that could eventually provide a cheaper alternative for EVs, for many years to come the auto industry will be entirely dependent on lithium for its batteries.

Argentina's lithium pipeline promises 'white gold' boom as Chile tightens control

In Argentina's mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could see its output of the key electric vehicle battery metal as much as triple within the next two years. The world’s fourth largest producer of the silvery-white metal sits within the so-called "lithium triangle" and has been luring investment from Canadian to Chinese mining firms with a regional and market-led model, even as a wave of resource nationalism has spread in the region. Neighboring Chile, the region's top lithium producer, last week unveiled plans for a state-led public-private model, spooking investors.

Lithium Americas Corp. (LAC) Stock Sinks As Market Gains: What You Should Know

Lithium Americas Corp. (LAC) closed the most recent trading day at $19.04, moving -1.35% from the previous trading session.

Why Albemarle Stock Crashed 10% Friday

Lithium investors are having a bad day Friday, as reports out of Chile that President Gabriel Boric intends to nationalize the Chilean lithium industry devastate shares of lithium companies with interests in the country. This is bad news for investors in lithium stock Albemarle (NYSE: ALB), shares of which are down 10.4% as of 3 p.m. ET on the news. Specifically, the good news is that while Albemarle may be hurt by Chile's action, it won't be hurt as badly as Sociedad Quimica y Minera de Chile (NYSE: SQM), another lithium miner that's seeing its shares devastated today.

Lithium Americas Corp. (LAC) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Lithium Americas Corp. (LAC) closed at $20.55, marking a +0.78% move from the previous day.

General Motors moves deeper into mining with EnergyX lithium investment

(Reuters) -General Motors Co on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker to ensure long-term supplies of the metal used to make electric vehicle batteries. The global push by automakers to electrify their fleets has sparked a rush for stable supplies of lithium, copper, nickel and other critical minerals. Privately-held EnergyX is one of several companies developing so-far unproven direct lithium extraction technologies (DLE) that could help GM filter the metal for its Ultium battery packs from some types of brine that have been largely ignored by the mining industry in favor of evaporation ponds and open-pit mines.

Company News for Apr 3, 2023

Companies In The News Are: BB, BRZE, AAPL, LAC.

Loss-Making Lithium Americas Corp. (TSE:LAC) Set To Breakeven

We feel now is a pretty good time to analyse Lithium Americas Corp.'s ( TSE:LAC ) business as it appears the company...

If You Invested $1,000 in Livent Stock a Year Ago, This Is How Much You Would Have Today

Unlike gold and silver, lithium isn't commonly held by investors as a tangible commodity. Thankfully, there are a number of lithium mining stocks to choose from, several of which have decent trading volumes and represent respectable lithium producers with operations in the Americas. Among the top names in this category is Livent (NYSE: LTHM), which has significant operations in Argentina and Canada but is also expanding into North Carolina and China.

Lithium Americas Corp. (LAC) Dips More Than Broader Markets: What You Should Know

Lithium Americas Corp. (LAC) closed at $23.59 in the latest trading session, marking a -0.76% move from the prior day.

Sociedad Quimica (SQM) to Post Q4 Earnings: What's in the Cards?

Sociedad Quimica (SQM) is likely to have gained from higher realized prices and strong demand in the fourth quarter.

Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

As This Lithium Stock Soars, Tesla's Strategy Is Far From Clear

Indeed, reports of potential interest in a lithium producer show the widespread belief that Tesla wants to secure as much lithium as it can now in order to ensure ample battery production capacity as it ramps up its Gigafactory vehicle facilities. One big winner among stocks on Tuesday was Sigma Lithium (NASDAQ: SGML), whose shares jumped 19%. Reports from Bloomberg suggested that Tesla might be looking at a potential takeover of Sigma, which produces lithium in Brazil.

My 3 Biggest Stock Market Predictions for March

Albemarle (NYSE: ALB) just came out with its full-year and fourth-quarter earnings, and the mining company's decision to raise prices for lithium is paying off. Knowing that automakers increasingly need lithium for the batteries in electric vehicles, the move was simply a case of higher demand raising prices. The company reported fourth-quarter revenue of $2.6 billion, up 193% year over year.

How to Boost Your Portfolio with Top Basic Materials Stocks Set to Beat Earnings

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Why Lithium Americas Stock Jumped 8% Today

Shares of start-up lithium miner -- and General Motors partner -- Lithium Americas (NYSE: LAC) soared 8.1% through 11:50 a.m. ET on Tuesday, after a federal district court in Nevada issued what the company called a "favorable ruling" in an appeal against a Bureau of Land Management (BLM) ruling. As Reuters relates, the U.S. District Court for the District of Nevada instructed the BLM to consider whether Lithium Americas should be permitted to dump waste rock from its Thacker Pass lithium project at a location just south of the Oregon border. In short, Lithium Americas now has a green light to proceed with exploitation of what Lithium Americas calls "the largest known lithium resource in the U.S." It keeps the company on track to begin producing up to 40,000 tons of lithium carbonate per year by late 2026, and as much as 80,000 tons per year in a later Phase 2 of the project.

U.S. judge orders waste rock study for Thacker Pass lithium project

(Reuters) -A U.S. judge ordered regulators to reconsider part of the permit approving Lithium Americas Corp's Thacker Pass lithium mine project in Nevada, though the mixed ruling allows construction to begin and rejects claims that the project would cause unnecessary harm to the environment or wildlife. Shares of Vancouver-based Lithium Americas rose 10.3% in New York to close at $25.87 on Tuesday after the ruling, which was issued Monday evening. The proposed mine would be North America's largest source of lithium for electric vehicle batteries and a key pillar in U.S. President Joe Biden's efforts to wean his country off Chinese supplies of the metal.

Lithium Americas Corp.'s (TSE:LAC) market cap touched CA$4.4b last week, benefiting both individual investors who own 54% as well as institutions

If you want to know who really controls Lithium Americas Corp. ( TSE:LAC ), then you'll have to look at the makeup of...

General Motors (GM) to Invest $650M in Lithium Americas

General Motors (GM) is set to make a whopping investment of $650 million in lithium production company Lithium Americas (LAC) to gain exclusive access to the key components of EV batteries.