Bullboard - Stock Discussion Forum Lithium Americas Corp LAC

Primary Symbol: T.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... see more

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Lithium Americas Corp > A snapshot of the pulse of the Li market from SQM

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Post by Moemoney42 on Mar 03, 2022 2:58pm

A snapshot of the pulse of the Li market from SQM

QUOTE:
"During 2021, market prices for lithium also grew as supply could not keep up with the strong demand growth."

"Demand keeps on growing strongly, and we believe that the total demand will reach 1 million tons sooner than previously anticipated. Our current estimates for 2022 demand growth are over 30%. We do not believe that supply will be sufficient to meet this growth ultimately putting pressure on market prices, reaching levels never seen before."

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