LAC currently signs major off-take agreements with Ganfeng Lithium.
Ganfeng is a major player (and quite vertically integrated) and has established strong partnerships with car battery & EV makers like Volkswagen, BMW, Panasonic, LG Chem, CATL and Tesla.
LAC has also got that North American project that can potentially benefit from Western countries trying decouple from China supply in strategic metals.
So I would assume the stock's price movements should be influenced by the factors above.
However, fundamentals in Lithium market is not good and many companies are burning cash to survive.
Would you buy LAC at current prices? Check out my analysis in GXY ASX.