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LAC

Lithium Americas Corp.

https://www.lithiumamericas.com

Industry

Industrial Materials

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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Shares of lithium stocks are trading higher amid possible sympathy with Albemarle after the company announced it plans more lithium auctions to boost market transparency.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:41 pm

Major automakers are targeting lithium supply from American Battery Technology Co. (ABAT) as the company develops one of the largest lithium deposits in the U.S. at its Tonopah Flats project. The company is also involved in battery recycling and has partnerships with BASF and the U.S. Advanced Battery Consortium. Automakers like Ford, GM, and Tesla are seeking lithium sources to meet the growing demand for electric vehicle batteries.

Portfolio Pulse from Matt Whittaker

June 24, 2024 | 2:18 pm

National Bank Financial Inc has initiated coverage on Lithium Americas (NYSE:LAC) with a Sector Perform rating and a price target of $7.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:06 pm

Piedmont Lithium (NASDAQ:PLL) has received a key mining permit for its North Carolina project, marking a significant step forward despite ongoing local opposition and the need for additional permits. This development is seen as a positive sign for the U.S. lithium industry, which faces lengthy permitting processes. The news also impacts companies like American Lithium Corp. (NASDAQ:AMLI) and Lithium Americas (NYSE:LAC), which have faced similar challenges. Piedmont's permit is expected to accelerate discussions with potential funding partners.

Portfolio Pulse from Matt Whittaker

June 06, 2024 | 12:34 pm

The growing adoption of hybrid electric vehicles (HEVs) is set to impact the demand for key raw materials like lithium, rare earths, copper, and aluminum. While lithium and rare earths may see a decline in demand due to lower battery electric vehicle (BEV) sales, copper demand is expected to rise. ETFs such as LIT, BATT, WBAT, and CPER, along with companies like Lithium Americas Corp, Piedmont Lithium Inc, and MP Materials Corp, are directly affected by these shifts.

Portfolio Pulse from Surbhi Jain

May 29, 2024 | 6:47 pm

Lithium Americas shares are trading lower following a short report issued by Bleecker Street Research.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:15 pm

Bleecker Street Research has issued a report on Lithium Americas (LAC) titled 'Lithium Americas (LAC): From Dust To Dust'.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 2:12 pm

Piedmont Lithium, Lithium Americas, and American Battery Technology are well-positioned to benefit from the growing demand for lithium due to the energy transition. Insights from J.P. Morgan's discussions with these companies highlight their strategic positioning and potential upside.

Portfolio Pulse from Surbhi Jain

May 17, 2024 | 2:11 pm

HSBC analyst Santhosh Seshadri maintains a Hold rating on Lithium Americas (NYSE:LAC) and lowers the price target from $6.5 to $5.1.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 6:14 pm

U.S. stocks traded lower with the NASDAQ down 0.5%. D.R. Horton reported better-than-expected Q2 results. AGBA surged 130% after a merger agreement with Triller. 23andMe rose 41% on private take-over considerations. TH International reported increased Q4 results. SuperCom, Lithium Americas, and NRx Pharmaceuticals saw significant drops after financial announcements.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 6:54 pm

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