Lithium Americas Corp. Stock News

Lithium Americas said on Monday it has closed its joint venture with U.S. automaker General Motors to develop the Thacker Pass lithium mine in Nevada.

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the closing of its previously announced joint venture (the “JV”) with General Motors Holdings LLC (“GM”) to fund, develop, construct and operate Thacker Pass in Humboldt County, Nevada to supply battery-quality lithium carbonate for t...

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Lithium Americas offers significant long-term value despite the current lithium market glut and stock price declines due to its large Thacker Pass deposit and low-cost production potential. LAC benefits from strong US government support and General Motors' investment, positioning it well for future growth in the domestic EV supply chain. Key risks include potential project delays, cost overruns...

LAC is an early-stage lithium producer with a promising asset in Nevada, poised to benefit from the projected lithium supply gap over the next two decades. Despite current oversupply issues, LAC's Thacker Pass project is well-funded and on track to begin production by 2027, with significant revenue potential. LAC's partnership with General Motors and federal support de-risk the project, making ...

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VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the nine months ended September 30, 2024 (“Q3 2024”) and has filed its condensed consolidated interim financial statements (“Financials”) and management's discussion and analysis (“MD&A”). Jonathan...

Consolidated Q3 2024 Highlights: Operating profit of $19.7 million compared with Q3 2023 $6.3 million operating loss Q3 2024 includes $13.6 million of business interruption insurance income Net income of $15.6 million versus Q3 2023 net loss of $3.8 million CLEVELAND , Oct. 30, 2024 /PRNewswire/ -- NACCO Industries® (NYSE: NC) today announced the following consolidated results for the three mon...