Lithium Americas Celebrates Inauguration of Lithium
VANCOUVER, British Columbia, July 20, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company")...
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VANCOUVER, British Columbia, July 20, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company")...
Goldman Sachs' recently issued report predicted a sharp fall in lithium prices. Lithium Americas' (LAC) experiences show why Goldman might be wrong. Read more.
Many lithium juniors seem to have reacted poorly to indications that Tesla was making good investment on its promise to enter the production space. Read more here.
Lithium Americas closes in on commercialization, with Cauchari-Olaroz set to begin production in the first half of this year. Read more about LAC stock here.
89.8 Lithium Americas owns 49% of the Argentine project. China’s largest lithium company, Ganfeng Lithium, owns the balance. Cauchari-Olaroz is forecasted to produce 40,000 tonnes of battery-grade lithium carbonate annually for 40 years. Offtake agreements are in place for 90%+ of production. Total construction costs should be around US$565 million. About US$388 million of those expenditures were incurred through December 31, 2020, up from US$347 million as of September 30, 2020. Cauchari-Olaroz Lithium Brine Project Successful Equity Offering In January 2021, Lithium Americas raised a ne...