Lithium Nevada Thacker Pass Lithium Mine impacts on our community. You can also contact MarketWatch Customer Service via our Customer Center. VANCOUVER, British Columbia, Jan. 15, 2021 -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that the United States Bureau of Land Management ("BLM") has issued the Record of Decision ("ROD") for the Thacker Pass lithium project ("Thacker Pass" or the "Project… One of the ways to play the EV revolution is to buy lithium stocks. Published. Lithium Americas owns 100 percent of the Thacker Pass lithium claystone project in Nevada, US. Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Why Lithium Americas Stock Jumped 10% Today The lithium miner got an upgrade after a huge run this past week. The metal is required for the development of lithium-ion batteries, the most sought-after batteries to power electric cars. ZacksTrade and Zacks.com are separate companies. The Thacker Pass lithium deposit, previously called the Kings Valley lithium deposit, is a lithium clay mining development project located in Humboldt County, Nevada. Thacker Pass Lithium mine approval draws around-the-clock protest "There is one working lithium mine in the United States, the Silver Peak brine mine located near Goldfield, Nevada. Is there a problem with this press release? The firm’s U.S. based project, Thacker Pass, is a sedimentary2 lithium deposit, the largest known lithium resource in the United States, and the most advanced lithium project … Currently, the largest known lithium resource in the United States, Thacker Pass … The project targets a production of 22,700 tons/year of battery grade lithium hydroxide. --Lithium Americas Corp. is pleased to report the release of the Final Environmental Impact Statement for the Thacker Pass lithium project by the United States Bureau of Land Management. Piedmont is fast tracking the development of the project in order to cater to the requirements of the deal with Tesla. Thacker Pass, located north of Winnemucca, Nevada, USA, is 100% owned by Lithium Nevada Corp. (“ Lithium Nevada ”), a US corporation and wholly-owned subsidiary of Lithium Americas. Thacker Pass, located north of Winnemucca, Nevada, USA, is 100% owned by Lithium Nevada Corp. (“Lithium Nevada ”), a US corporation and wholly-owned subsidiary of Lithium Americas (LAC). This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Another Nevada lithium-boron junior is ioneer Ltd [ASX:INR] [GR:4G1] ( OTCPK:GSCCF ). The project is approximately 17 miles northwest of Orovada and 54 miles north-northwest of Winnemucca. Albemarle Corporation (ALB Quick QuoteALB - Free Report) : Charlotte-based Albemarleis one of the leading producers of lithium, with battery-grade lithium-producing plants in Europe, Australia, China, Chile and the United States. Start Your Access to the New Zacks Top 10 Stocks >>, Q4 and 2021 Earnings Estimates Keep Going Up, 5 Growth ETFs to Gain on Stimulus Vaccine Optimism, Q4 Earnings Season Scorecard; Analyst Reports for AMZN, JPM, PFE. Lithium Americas (NYSE:LAC) +13.8% post-market after the U.S. Bureau of Land Management has issued the final approval for its Thacker Pass project in Nevada. Lithium Americas through a wholly owned subsidiary, Lithium Nevada, owns 100% of the Thacker Pass lithium project located in Nevada and the largest known lithium deposit in the United States. VANCOUVER, British Columbia, Jan 15, 2021 (GLOBE NEWSWIRE via COMTEX) -- Such information reflects the Company's current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable by the Company today, are inherently subject to significant uncertainties and contingencies. Press Release Lithium Americas announces Final Environmental Impact Statement filed for the Thacker Pass Project Published: Dec. 4, 2020 at 8:00 a.m. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Lithium Americas is developing two lithium projects, the Cauchari-Olaroz brine asset in Argentina and the Thacker Pass clay-stone asset in Nevada with very interesting economics.The net … Visit www.zacksdata.com to get our data and content for your mobile app or website. Lithium Americas is focused on advancing two significant lithium projects — the Cauchari-Olaroz lithium brine project in Argentina and Thacker Pass project (a sedimentary-based lithium property) in Nevada — to address the rising global demand for lithium. ... pursuant to which the Company is following the rules of the New York Stock Exchange. January … Lithium batteries are preferred by electric car manufacturers and used by various auto giants including Tesla (TSLA Quick QuoteTSLA - Free Report) , General Motors (GM Quick QuoteGM - Free Report) , Ford (F Quick QuoteF - Free Report) and Toyota (TM Quick QuoteTM - Free Report) . TSE – Lithium Americas Receives Record of Decision for Thacker Pass VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that the United States Bureau of Land Management (“BLM“) has issued the Record of Decision (“ROD”) for the Thacker […] NASDAQ data is at least 15 minutes delayed. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Of course, its battery packs! Argentina. The net proceeds from the Offering are intended to be used to fund development of the Thacker Pass lithium project and for general corporate and working capital purposes, as further described in the Prospectus Supplement described below. 2 days ago . VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that the United States Bureau of Land Management ("BLM") has issued the Record of Decision ("ROD") for the Thacker Pass lithium project ("Thacker Pass" or the "Project") following completion of the National Environmental Policy Act ("NEPA") process. We detected a huge call option sweep with a $30 strike and an August 20, 2021, expiration. Start Your Access to the New Zacks Top 10 Stocks >>, Toyota Motor Corporation (TM) - free report >>, General Motors Company (GM) - free report >>, Piedmont Lithium Limited Sponsored ADR (PLL) - free report >>, Albemarle Corporation (ALB) - free report >>, Lithium Americas Corp. (LAC) - free report >>. ET Lithium Americas is focused on advancing two significant lithium projects — the Cauchari-Olaroz lithium brine project in Argentina and Thacker Pass project (a sedimentary-based lithium … A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. Importantly, more than 50% of all the lithium produced is deployed in rechargeable batteries, which is expected to increase on the back of widespread adoption of green vehicles. The road to future mobility is EVs. COMTEX_377732811/2471/2021-01-15T18:50:20. These returns cover a period from January 1, 1988 through January 4, 2021. Lithium Americas Shares Up on Thacker Pass Approval. Per Statista data, lithium demand is expected to more than double to 820,000 tons over the next five years. Meanwhile, all major permits associated with the Thacker Pass project are likely to be received by the end of first-quarter 2021.The firm is exploring finance options for the Thacker Pass’ construction. ; The company … You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. This includes personalizing content and advertising. “The Thacker Pass project is being designed to process battery-grade (e.g. The demand for lithium for usage in EVs is likely to further dwarf the existing supply of this metal for traditional industrial purposes including ceramics, polymers and glass ceramics. Ganfeng Lithium owns the remaining 51%. According to Allied Market Research, the global Lithium-ion battery market was valued $36.7 billion in 2019 and is projected to hit $129.3 billion by 2027, at a CAGR of 18.0% from 2020 to 2027. And what is the most important metal in EV batteries? “Thacker Pass has the potential to provide future sources of high-quality lithium chemicals critical for establishing a strong domestic lithium supply chain required to support a low-carbon economy.”. If you wish to go to ZacksTrade, click OK. This emerging entrant in the lithium space currently carries a Zacks Rank #3. For further information contact:Lithium Americas Corp.Investor RelationsSuite 300 - 900 West Hastings StreetVancouver, BC, V6C 1E5Telephone: 778-656-5820Email: ir@lithiumamericas.comWebsite: www.lithiumamericas.com. Zacks Ranks stocks can, and often do, change throughout the month. We use cookies to understand how you use our site and to improve your experience. The Thacker Pass project is 100% owned by Lithium Americas, which is also advancing the Cauchari-Olaroz lithium project in northern Argentina in partnership with China’s Gangfeng Lithium. With lithium being the indisputable ingredient in the battery technology, the demand for the commodity is expected to grow exponentially. Real time prices by BATS. exceptionally high purity) lithium products for use in battery materials. All statements, other than statements of historical fact, are forward-looking information. VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that the United States Bureau of Land Management ("BLM") has issued the Record of Decision (“ROD”) for the Thacker Pass lithium project (“Thacker Pass” or the “Project”) … Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Over the past year, the stock has rallied more than 190%. Visit performance for information about the performance numbers displayed above. Rimmi Singhi Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. It operates various projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada. This Zacks Rank #3 (Hold) stock has a market cap of around $14 billion and long-term expected EPS growth of 11.9%. Applications for key state permits and water rights transfers have been submitted, with results expected later this year. NYSE and AMEX data is at least 20 minutes delayed. The net proceeds from the Offering are intended to be used to fund development of the Thacker Pass lithium project and for general corporate and working capital purposes, as further described in the Prospectus Supplement described below. Thacker Pass is owned by Lithium Americas, whose largest shareholder is Ganfeng Lithium a massive Chinese Company. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Forward-looking information is made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. The net proceeds from the Offering are intended to be used to fund development of the Thacker Pass lithium project … on. Livent (LTHM) As you can see from its ticker symbol, Livent is all about lithium. Per Deloitte projections, worldwide EV sales are set to see a CAGR of 29% over the next decade. Why Lithium Americas Stock Jumped 10% Today The lithium miner got an upgrade after a huge run this past week. VANCOUVER, British Columbia, Jan. 15, 2021 — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that the United States Bureau of Land Management (“BLM“) has issued the Record of Decision (“ROD”) for the Thacker Pass lithium project (“Thacker Pass” or the “Project… Lithium Americas Corp. stock … This news release contains "forward-looking information" and "forward-looking statements" (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. It operates various projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in … So, what is the heart and soul of electric cars? "The issuance of the ROD is the culmination of over 10 years of hard work from the Thacker Pass team, as well as the BLM and other federal, state and local agencies, all of whom worked tirelessly to ensure their respective commitments to environmental stewardship and community engagement," commented Jon Evans, President and CEO. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol "LAC". The company is well placed to gain from long-term growth in the battery-grade lithium market. Before we move on to the lithium stocks that should be worth investing in, let us take a look at the EV trends that are fuelling the lithium market projections. Ganfeng Lithium owns the remaining 51%. The offering is expected to close on Friday, with the proceeds being used for the Thacker Pass lithium project and for general corporate and working capital, the company said. Lithium Americas has received the final federal approval for its Thacker Pass clay project in Nevada after the US Bureau of Land Management issued a Record of Decision last week. While the use of lithium was traditionally concentrated in ceramics, glass, lubricants and other industrial uses, the lithium space is presently gaining the maximum attention from EV batteries. The volatility comes from a whirlwind of news. The Thacker Pass Project is unlike most mining projects in that it is proposed to be a carbon-neutral mine operation. If you do not, click Cancel. Lithium Americas Corp. stock has also loss … The Cauchari-Olaroz project will have an average expected production of 40,000 tonnes per year of lithium … Lithium Americas through a wholly owned subsidiary, Lithium Nevada, owns 100% of the Thacker Pass lithium project located in Nevada and the largest known lithium deposit in the United States. Lithium is not currently mined from clay with several companies such as Lithium Americas investigating commercial methods, so there is technology risk, Jackson tells investors in a research note. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. In addition to the stocks discussed above, would you like to know about our 10 top tickers for the entirety of 2021? They are our primary picks to buy and hold. To learn more, click here. LAC stock exploded higher on September 28, ... Thacker Pass clay project and instead is another Nevada land package. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Recent stocks from this report have soared up to +178.7% in 3 months. 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