Lithium Americas Soon to have more "Buying" Power as share price resumes upward trajectory on Friday on news of signed agreement to move ahead full blast to develop Thacker Pass Lithium.
As Jon Evans brings Lithium production on-stream in Argentina and begins full force development in Nevada, you can bet that he will be "eyeing" the right time and share price over the next year to acquire the outstanding shares of Frontier Lithium.
No doubt, Evans clearly envisions one of the
world's top valued rapidly ramping Lithium Group of mining deposits at PAK and area vicinity.
And "indirectly" Lac is already involved in Lithium ground adjacent Frontier's Pennock site.
Evans, a President, gathers no dust under his feet except standing on "white gold" Lithium powder.
Definitely no engineering company holding Jon Evans back from moving full force ahead with "multiple" operation developments and delivering Lithium production to LAC shareholders.
LAC has a well tuned team in fast-tracking Lithium construction activities.
PAK likely represents one of the
next moving targets for LAC to include in its Lithium portfolio of operating Lithium assets, and without hesitation, has the required capital and team to "step up" production at PAK by several years from the currently planned production timeline.
LAC shares up $3.33 in Friday's session to close at $35.87 on volume of nearly 1.6 million.
See following news,
Mr. Jonathan Evans reports
LITHIUM AMERICAS SIGNS COMMUNITY BENEFITS AGREEMENT WITH FORT MCDERMITT PAIUTE AND SHOSHONE TRIBE
Lithium Americas Corp. has entered a community benefits agreement (CBA) with the Fort McDermitt Paiute and Shoshone Tribe. The tribe is located approximately 40 miles from the Thacker Pass project, in Humboldt county, Nevada. The CBA establishes a framework for continued collaboration and defines the long-term benefits for the tribe, the largest Native American community within the vicinity of the project.
"We are pleased to have the support of the Fort McDermitt Paiute and Shoshone Tribe as we advance Thacker Pass towards construction and look forward to generations of future collaboration," said Jonathan Evans, president and chief executive officer. "The signing of the CBA is a testament to our company's commitment to go beyond our regulatory requirements and to form constructive relationships with the communities closest to our projects. We are focused on being a good neighbour, hiring locally and providing the job training to prepare tribe members for long-term, family-supporting careers critical to developing a North American battery supply chain."
The CBA is a product of years of engagement, job training and relationship building between the company and the tribe. The CBA provides the tribe additional training and employment opportunities, and support for cultural education and preservation. Furthermore, the company has agreed to build an 8,000-square-foot community centre for the tribe that includes a day care, preschool, playground, cultural facility and communal greenhouse to support reclamation efforts and provide income for the tribe..... The company is moving ahead with all areas required to support construction start, including final selection of an engineering, procurement and construction management (EPCM) contractor, evaluating partnership and supply agreements, as well as progressing the U.S. Department of Energy advanced technology vehicles manufacturing loan program. The company has received all federal and state environmental permits necessary to begin construction.......