L

Lithium Americas Corp
D

LAC

3.10500
USD
-0.09
(-2.66%)
Market Closed
Volume
198,534
EPS
-0
Div Yield
-
P/E
-21
Market Cap
678,065,007
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News

Title: Lithium Americas Corp

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Lithium Americas is a pure-play lithium producer. The firm owns 62% of one resource, Thacker Pass, that is located in northwest Nevada, with automaker General Motors owning the remaining 38%. Thacker Pass recently began construction and isexpected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom halfof the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
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