By 2024, we believe LAC will be worth $35 per share, a 250% return. Every investor in Lithium Americas Corp. (TSE:LAC) should be aware of the most powerful shareholder groups. Tesla 's (NASDAQ: TSLA) appetite for lithium is becoming increasingly ravenous as the electric-vehicle (EV) pioneer ramps up production of the Model 3, its first mass-market vehicle. Lithium Americas Corp is a Canadian resource company. It is poised to accelerate from a pre-production company to a mining major over the next decade. He is the headline of the pitch ”Is This $4 Company About to Sign a Billion-Dollar Deal With Tesla? Ivan suggested that if Tesla was looking at mines, he would go with North American mines such as Lithium Americas. Today, during Tesla’s so-called Battery Day event, Musk confirmed that the company is taking the first official step by securing the rights to a 10,000-acre lithium clay deposit in Nevada. A further positive: the second largest EV manufacturer in the world aside from Tesla, China-based BYD, also utilizes LFP … Always do additional research and consult a professional before purchasing a security. Lithium Americas is a pure-play lithium mining company. IEA Cuts Global Oil Demand Forecast as Renewed Lockdowns Limit Mobility, Biden Administration Temporarily Suspends Oil, Gas Drilling on Public Lands for 60 Days, China Rare Earth Exports Fall Dramatically in 2020, Positively Impacting Energy Fuels Inc, Deutsche Bank Survey: US Tech Stocks and Bitcoin Among Biggest Market Bubbles Right Now, Gold To $2500 By Mid-2021? The incredible stock market surge for Tesla isn't just making Elon Musk and Tesla investors rich. Justin joins us today. Lithium Americas had about US$54 million of cash on its balance sheet as of September 30, 2020 and has about US$202 million of unused credit and loan facilities. Tests displayed on China-based website 42HOW showed that the LFP-outfitted model required about 42 minutes to reach a 99% total charge from a 40% charge level, about 32% quicker than the 62-minute time frame for a Model 3 with a nickel battery. Disclaimer: We are not licensed advisors or registered financial consultants. As it stands now, the company is a very leveraged play on lithium … On September 23, 2020, BMO Capital analyst Joel Jackson says his assumption is that Tesla’s (TSLA) acquired rights in an unnamed Nevada lithium clay project is not Lithium Americas’ (LAC) Thacker Pass clay project and instead is another Nevada land package. We take a closer look at all data relating to organizations listed on the CSE and the TSX Venture to create quality stock analysis for investors. Lithium Americas Corp received a positive record of decision on its Thacker Pass Lithium Project January 15, 2021. Editors' picks; Oscillators. Back on August 14, 2020, when the company reported earnings, they issued the following statement, “We remain focused on protecting our workers and communities, while coordinating closely with the Province of Jujuy to ensure we operate responsibly and safely as we begin to restart construction activities over the next few weeks,” said Jon Evans, President and CEO of Lithium Americas. Lithium is produced either from brine, commonly found in South America, or spodumene hard rock, usually in Australia. Relative Strength Index (RSI) Average Directional Index (ADX) Stochastic Oscillator; Chande Momentum Oscillator (CMO) True Strength Index (TSI) Ultimate Oscillator (UO) … ... Nio remains a leader in China, but the company is far behind Tesla as a … Tesla plans to build a cathode plant and get into the lithium mining business. Find the latest Lithium Americas Corp. (LAC) stock discussion in Yahoo Finance's forum. The company also had 380 of its charging stations available to car owners around North America… This is a new project, called the Thacker Pass Lithium project, and is expected to be a huge operation due to the rising demand for lithium and the natural deposit it sits on. Lithium Americas is a Canadian resource company. Press release - databridgemarketresearch - Lithium-Ion Battery Recycling Global Market Key Players - Tesla, Snam SPA, Umicore, Tes - Amm India Pvt. Read our privacy policy for more info. The other possibility is CYDVF Cyrpress Development Corp. which is also 115 miles away to the south. TSLA – Tesla is one of the best-performing stocks in 2020 due to growth in electric vehicles, self-driving, and improvements in battery technology. The Agreement is for an initial five-year term on a fixed-price binding purchase commitment from the delivery of first product, and may be extended by mutual agreement for a second five-year term. The move would make Tesla the first company in the world to commercially produce the white metal from clay. Lithium Americas owns 49% of the project and Ganfeng Lithium, China’s largest lithium company, the remaining 51%. Providing stock analysis for investors of the Canadian junior markets. The March … The biggest story, however, will be its Nevada mine, which can directly service Tesla’s lithium needs. It stock trades for $7 now but last month it was around $4. Lithium Americas Corp is a lithium mining company that owns the largest lithium mine in the US, which is located in Humboldt County, Nevada. Lithium Americas - Introduction. Back on August 14, 2020, when the company reported earnings, they issued the following statement, “We remain focused on protecting our workers and communities, while coordinating closely with the Province of Jujuy to ensure we operate responsibly and safely as we begin to restart construction activities over the next few weeks,” said Jon Evans, President and CEO of Lithium Americas. Lithium Americas Corp received a positive record of decision on its Thacker Pass Lithium Project January 15, 2021. Lithium Americas has filed government documents to establish an electric car battery factory in Nevada (along with a lithium mine). Jul 14, 2020. Past results are not necessarily indicative of future performance. The other possibility is CYDVF Cyrpress Development Corp. which is also 115 miles … The market is volatile, and trades and investments can result in total loss of capital. American Lithium currently holds a significant land position within 3-4 hours drive of the Tesla Gigafactory consisting of over 4,000 acres at our TLC project near Tonopah, NV, one of the most promising and underdeveloped lithium sedimentary basins in North America … Jim McFadden Electric Vehicles, Lithium, Lithium Americas, Tesla. Terms of Use | Privacy Policy, $SWIR Sierra Wireless Stock Pops 13% In After-hours, $SHOP Shopify Bullish Option Flow Detected, $BHC Bausch Health Bullish Option Flow Detected, $GEVO Gevo Co-Founder Named To Biden’s Science Team, Lithium Americas $LAC Stock Surges On Tesla Sympathy Play, COVID-19 Bombshell Revealed: Fauci Said Hydroxychloroquine Was Cure To COVID In 2005, Great Reset Rolling Out At Davos Agenda On January 26 2021, $IBIO iBio Stock Surges 16% In After-hours, $LAC Lithium Americas Surges On Decision for Thacker Pass, $GSAT Globalstar Stock Bullish Option Flow, $CRNT Ceragon Networks Bullish Option Flow Detected, $GILD Gilead Sciences Stock Up On Morgan Stanley Upgrade, $ADMP Adamis Pharmaceuticals Up In After-hours Trade. Investing in Lithium Americas should be a long-term commitment. Piedmont Lithium (PLL) announce that it has entered into a binding agreement with Tesla (TSLA) for the supply of spodumene concentrate from Piedmont’s North Carolina deposit to Tesla. Lithium Americas Inc ( LAC) is about 115 miles away to the north. Within the decade, there are multiple paths forward for that return to grow further. We may have positions in some stocks that are mentioned and we will disclose that when an article is published. All Rights Reserved. On Lithium Americas, the analyst points out that some insiders have been selling shares over the last two months into share price strength and the company has not issued a press release. Anglo Pacific Group is focused on royalties connected to … As a result, a low-cost, moderately levered lithium miner, such as Lithium Americas, appears well positioned to benefit from long-term demand for the lightest known metal. On September 23, 2020, BMO Capital analyst Joel Jackson says his assumption is that Tesla’s (TSLA) acquired rights in an unnamed Nevada lithium clay project is not Lithium Americas’ (LAC) Thacker Pass clay project and instead is another Nevada land package. In 2018 as lithium prices dropped, its sales and profits also declined, while it was still spending and taking on debt to increase production. Latest Stock Picks Investing Basics ... Lithium Americas Corp. NYSE: LAC $22.93 up $0.70 (3.15%) LTHM. One Cambridge, Massachusetts-based startup thinks it … Scripts. Musk said that Tesla is planning to have a low impact on the environment that it … The move would make Tesla the first company in the world to commercially produce the white metal from clay. The author holds no licenses. Tesla and Dalhousie renew lithium-ion battery research agreement as new scientists join university Wed, 01/20/2021 - 13:25 -- Paul Crompton Electric vehicle OEM Tesla and Canada’s Dalhousie University has renewed its research agreement to boost cycle life of lithium-ion batteries. Lithium Americas Corp (LAC) is the strongest junior lithium miner in the world today. Tesla’s long-awaited Battery Day is expected to reveal more insights into longer battery life and could be a big boost for Rio Tinto (RIO), Albemarle Corporation (ALB), Sociedad Quimica y Minera S.A. (SQM), and Lithium Americas … Its operating cash flow has reached about negative $8 million per quarter so far in 2020, but that shortfall is not excessive compared with the company’s cash balance and is quite small in relation to its enterprise value of US$1.06 billion. Lithium is produced either from brine, commonly found in South America… Tesla and Volkswagen need to … Newlox Gold Ventures (CSE: LUX) is a unique gold name within the Canadian small cap space. However, the thought of Tesla vertically integrating into lithium production one day will “spook lithium producer share prices,” even if Tesla is only being speculative, says the analyst. It is poised to accelerate from a pre-production company to a mining major over the next decade. You have successfully joined our subscriber list. Lithium Americas is one of the companies most far along in the development of mining operations in the region. Not a recommendation to buy or sell securities. Lithium Americas now owns 62.5% of that venture. After all, cobalt positively affects battery life and driving range and reduces fire risk, and nickel boosts a battery’s energy density and therefore its range. Not 100% sure here but in the pitch it was mentioned that the company was 115 miles away from Tesla’s factory. US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y. The opinions posted here are intended for educational purpose only. Lithium is produced either from brine, commonly found in South America… Lithium Americas Corp. (TSX: LAC, NYSE: LAC) is advancing the Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada, USA to production. American Lithium Corp. (TSXv: Li, OTCQB: LIACF, XFRA: 5LA1) is actively engaged in the acquisition, exploration and development of lithium resources within mining-friendly jurisdictions throughout the Americas. “I would like to personally thank all of our workers in Argentina for their commitment and recognize the significant contribution they continue to make to the success of the project for the benefit of all stakeholders. There are strong economic and environmental reasons to develop more domestic sources. Lithium Americas is also developing the 100%-owned Thacker Pass lithium clay project in the U.S. state of Nevada. Need some freelance work done? Always do additional research and consult a professional before purchasing a security. The knock on LAC stock, of course, is that it’s volatile. Pegasus Resources: New Exploration Focus In B.C. As a consequence, the company seems to have more than sufficient financial resources to compete the lithium brine project. We may liquidate these positions at any time without notification. Coming off the heels of Tesla Inc.'s (NASDAQ: TSLA) "battery day," the company has inked a five-year fixed price binding agreement to buy lithium from Australian miner Piedmont Lithium (NASDAQ: PLL). Lithium carbonate prices are currently around US$6,000 per tonne, but averaged around US$13,000 per tonne in 2019. The move would make Tesla the first company in the world to commercially produce the white metal from clay. The Agreement covers a fixed commitment representing approximately one-third of Piedmont’s planned SC6 production of 160,000 tonnes per annum for the initial five-year term as well as an additional quantity to be delivered at Tesla’s option. It’s another piece of complete vertical integration. Lithium to date has been produced either from brine, mostly found in South America… Tesla said it operated 159 sales and service centers around the world as of Dec. 31, 2014. Lithium Americas Corp (LAC) is a lithium mining company that owns the largest lithium mine in the US, which is located in Humboldt County, Nevada. Check your inbox or spam folder to confirm your subscription. We do note LFP technology does have disadvantages which researchers must surmount, most notably that an LFP battery has a lower energy density than a nickel-manganese-cobalt battery, implying a shorter driving range. It operates various projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada. At full production, it could supply Tesla with 46 years’ worth of this critical metal. The lithium-ion batteries in your iPhone or your Tesla Model S are solid but hampered by a hefty price tag. Lithium’s long-term role as a key component of EV batteries may now be even more certain as a result of the recent supercharging tests on a Tesla Model 3 equipped with an LFP battery. Americas; Europe; Asia; Pacific; Middle East; Africa. Welcome to The Deep Dive, where we focus on providing investors of Canadian junior stock markets the knowledge they need to make smart investment decisions. The March doldrums were particularly painful to watch. The company's stock was driven by an approval from US Bureau of Land Management to Lithium Americas' Thacker Pass lithium mine. With respect to the Thacker Pass lithium project in Nevada, we continue to make significant progress with the recent release of the draft Environmental Impact Statement by the Bureau of Land Management.”. This supercharging time advantage, coupled with a significant cost advantage as an LFP battery contains neither cobalt nor nickel, the two most expensive battery components, would seem to place lithium in a preferred position as a key component of future electric vehicle (EV) battery technology. Tesla would put it’s competition at additional risk (checkmate risk) if they owned (or had an exclusive partnership) with the company who has access to the largest lithium deposit in the US. In turn, battery-grade lithium mined by a producer like Lithium Americas Corp. (TSX: LAC) should be in great demand in a future characterized by ever-increasing sales of electric vehicles. They own the largest lithium discovery in America. 4 Lithium Stocks That Could SKYROCKET With Tesla. Lithium Americas is a Canadian-based company listed on both the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under the ticker symbol LAC. Pegasus Resources (TSXV: PEGA), formerly Pistol Bay Mining, recently made a series of interesting moves that seemingly have caught the, Today on the Daily Dive is that of Justin Holland, CEO of Eguana Technologies (TSXV: EGT). 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