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NewroadTrader
Apr 23, 2021 8:57 PM

Buy $LAC - NRPicks 23 Abr Long

Lithium Americas Corp.NYSE

Description

Lithium Americas Corp. operates as a resource company in the United States. The company explores lithium deposits. It has interests in the Cauchari-Olaroz Project located in the Argentine province of Jujuy and the Thacker Pass project located in northwestern Nevada.

$ LAC is a company that seeks to explore lithium deposits and that undoubtedly has a great future, because the importance of lithium is increasing, especially with projects in the United States, Canada and other countries in the world that seek to reduce the carbon emissions. On the other hand, carbonated lithium prices per ton are entering an upward trend, $ 13,583 / tz in China.

CAUCHARÍ-OLAROZ Project
- Life time 40 years
- Construction costs $ 565M
- Average EBITDA $ 308M
- Production start date 2022

Trade closed: stop reached

04 May
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