After Nevada lithium deal, GM eyes other sources for EV minerals supply [Yahoo! Finance]
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: Yahoo! Finance
The U.S. automaker on Wednesday said it would form a joint venture with Lithium Americas to develop the Thacker Pass lithium mine, North America's largest source of the battery metal. The move increases GM's investment in the project by an additional $325 million to $950 million after an initial investment announced last year. It also gives the automaker a partial ownership stake in the mine and doubles its access to production to at least 20 years. While the Thacker Pass JV should supply GM with a "significant" amount of its lithium, the company is open to other critical minerals deals on the continent, Jeff Morrison, GM's senior vice president of global purchasing and supply chain, said in an interview on Thursday. A majority of GM's deals are for minerals supply, not necessarily JVs, and the automaker likely would continue that approach, he added. "We don't want to become a mining company," Morrison said. "Our main goal is to build out a North American based, Western-allie
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LAC
News
- Lithium Americas Reports Strong Q3 2024 Progress [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target raised by analysts at B. Riley from $4.50 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- Lithium Americas Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Reports Third Quarter 2024 ResultsBusiness Wire
- Lithium Americas Corp. (LAC) Stock Moves -0.73%: What You Should Know [Yahoo! Finance Canada]Yahoo! Finance Canada
LAC
Earnings
- 5/13/24 - Beat
LAC
Sec Filings
- 11/7/24 - Form 6-K
- 11/5/24 - Form 6-K
- 10/17/24 - Form SC
- LAC's page on the SEC website