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Stock impact report

Lithium Americas Announces Temporary Suspension of Construction in Argentina Following Government Restrictions

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") today announced that construction activities at the Cauchari-Olaroz lithium project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina, are temporarily suspended, in accordance with government-mandated restrictions in response to COVID-19. On March 19, 2020, the government of Argentina enacted the Urgency Decree (DNU) #297/20 ordering, among other provisions, a national mandatory quarantine effective from March 20, 2020 until March 31, 2020. Accordingly, development work at Caucharí-Olaroz will be suspended immediately and the Project will be placed on care and maintenance. COVID-19 medical safety procedures have been implemented at site and at the Jujuy office and no employees are currently identified as infected with the COVID-19 virus.     Jon Evans, Lithium Americas’ President and CEO, said. "Our focus is on the safety and he Show less Read more
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