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Lithium Americas Corp T.LAC

Alternate Symbol(s):  LAC

Lithium Americas Corp. is a lithium resource company. The Company is focused on advancing Thacker Pass to production. The Company owns 100% of the Thacker Pass project, which is located in Humboldt County in northern Nevada, through its wholly owned subsidiary, Lithium Nevada Corp. Thacker Pass is situated at the southern end of the McDermitt Caldera, approximately 60 miles (100 kilometers) northwest of Winnemucca, in Humboldt County, northern Nevada. Its subsidiaries include RheoMinerals Inc., KV project LLC, and 1339480 B.C. Ltd.


TSX:LAC - Post by User

Post by lithomonon Mar 31, 2022 7:59pm
235 Views
Post# 34565166

Tesla "Lithium" JV Announcement

Tesla "Lithium" JV AnnouncementTesla JV Lithium agreement with Lithium Americas is highly probable sooner than later as TESLA is now in discussions for Canadian "sulphide" nickel with Vale (in Frontier Lithium's backyard) in Sudbury, Ontario Canada.  It's widely known that sulphide nickel is a premium nickel for EV batteries which is readily available in great abundance in the Sudbury Canadian basin formation.

With the construction of a new Lithium deposit well advanced and moving into production in 2022 and the ongoing development of the world's largest Lithium clay deposit in Telsa's Gigafactory back yard in Nevada, agreed, one can envision a Lithium Americas/Tesla Lithium JV agreement.

With a market capitalization approaching $7 Billion and well over $500 million of cash in the treasury, LAC is poised to significantly grow its Lithium value internally by production operations, as well as, by acquisition of "key" Lithium developments of large & widespread Lithium formations in excellent mining friendly jurisdictions, particularly Lithium developers currently trading at highly discounted share price valuations to its Net Asset Valuation.
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