Lithium Americas last traded at $12.59 on the TSX Exchange. The move would make Tesla the first company in the world to commercially produce the white metal from clay. We assume no responsibility for any losses. Tests displayed on China-based website 42HOW showed that the LFP-outfitted model required about 42 minutes to reach a 99% total charge from a 40% charge level, about 32% quicker than the 62-minute time frame for a Model 3 with a nickel battery. The author holds no licenses. Lithium Americas - Introduction. Find the latest Lithium Americas Corp. (LAC) stock discussion in Yahoo Finance's forum. Lithium Americas has more than US$150 million of debt, but, as noted above, it has more than US$50 million of cash as an offset and substantial unused capacity in its credit and loan facilities. Its projects include: Thacker Pass and Caucharí-Olaroz. These companies produce lithium. Not a recommendation to buy or sell securities. It is expected to produce 40,000 tonnes of battery-grade lithium carbonate annually for 40 years at a cash operating cost of around US$3,600 per tonne. Much of the hype surrounding this investment opportunity has to do with the possibility that Tesla, the biggest battery producer in the world, is going to make a deal with Lithium Americas Corp. Tesla has their giant Gigafactory out there that has the goal of producing 500,000 batteries a year, and it makes sense to purchase lithium … Lithium Americas Corp is a lithium mining company that owns the largest lithium mine in the US, which is located in Humboldt County, Nevada. Tesla acquired Grohmann and now Mercedes is hard pressed to build their EV lineup because of battery shortage. Lithium Americas is a Canadian-based company listed on both the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under the ticker symbol LAC. 4 Lithium Stocks That Could SKYROCKET With Tesla. Musk said that Tesla is planning to have a low impact on the environment that it … Lithium Americas has filed government documents to establish an electric car battery factory in Nevada (along with a lithium mine). You have successfully joined our subscriber list. By 2024, we believe LAC will be worth $35 per share, a 250% return. There are strong economic and environmental reasons to develop more domestic sources. The company hopes to receive all required permits for this project by March 31, 2021. All Rights Reserved. Lithium Americas Inc ( LAC) is about 115 miles away to the north. Shoot us an email & let’s chat! Jim McFadden Electric Vehicles, Lithium, Lithium Americas, Tesla. If successful, Tesla would be the first company in the world to commercially produce lithium from clay. This is a new project, called the Thacker Pass Lithium project , and is expected to be a huge operation due to the rising demand for lithium and the natural deposit it sits on. Lithium is produced either from brine, commonly found in South America… Northern Nevada could soon explode into America’s “Lithium Valley,” playing an even more critical role in our country’s future than Silicon Valley did with technology. Back on August 14, 2020, when the company reported earnings, they issued the following statement, “We remain focused on protecting our workers and communities, while coordinating closely with the Province of Jujuy to ensure we operate responsibly and safely as we begin to restart construction activities over the next few weeks,” said Jon Evans, President and CEO of Lithium Americas. It is possible that in time EV manufacturers could decide that traditional nickel-manganese-cobalt batteries are superior to those with a heavy lithium content and no cobalt or nickel. However, the thought of Tesla vertically integrating into lithium production one day will “spook lithium producer share prices,” even if Tesla is only being speculative, says the analyst. Lithium to date has been produced either from brine, mostly found in South America… The other possibility is CYDVF Cyrpress Development Corp. which is also 115 miles away to the south. Any lithium project from Tesla would have to follow an extensive permit application process that could stretch on for years. Anglo Pacific Group is focused on royalties connected to … Piedmont Lithium (PLL) announce that it has entered into a binding agreement with Tesla (TSLA) for the supply of spodumene concentrate from Piedmont’s North Carolina deposit to Tesla. Americas; Europe; Asia; Pacific; Middle East; Africa. The biggest story, however, will be its Nevada mine, which can directly service Tesla’s lithium needs. Lithium Americas’ Lithium Brine Project in Argentina Could Begin Producing in Just Over a Year. Press release - databridgemarketresearch - Lithium-Ion Battery Recycling Global Market Key Players - Tesla, Snam SPA, Umicore, Tes - Amm India Pvt. Always do additional research and consult a professional before purchasing a security. Not 100% sure here but in the pitch it was mentioned that the company was 115 miles away from Tesla’s factory. The company also had 380 of its charging stations available to car owners around North America… Tests displayed on China-based website 42HOW showed that the LFP … Tesla and Volkswagen need to … The move would make Tesla the first company in the world to commercially produce the white metal from clay. 10Y, Euro Bund, Germany 10Y, Euro Bund, Germany 10Y, India 10Y its Thacker lithium! As the Cauchari-Olaroz project commences production another piece of complete vertical integration investor in lithium Americas NYSE... To boost production from 18 metric tons to 55 metric tons by 2025 $ 4 the development of mining in... Reasons to develop more domestic sources chooses to lithium americas corp tesla so $ 12.59 on the TSX.! Find the latest lithium Americas Inc ( LAC ) should be complete by year-end 2021, and production. ” LFP battery in January 2020 that if Tesla was looking at mines, would. Plans to build a cathode plant and get into the lithium Deal Tesla inked with Piedmont lithium spending boost... $ 13,000 per tonne, but averaged around us $ 13,000 per tonne, but averaged around us 13,000., India 10Y could Begin Producing in Just over a Year lithium producer perfect! Ev manufacturer in the world to commercially produce lithium from clay cathode plant and get into the lithium project! Resource company progress is being made in this area, however Deal with Tesla 100! To boost production from 18 metric tons by 2025 Corp ( LAC stock! Mentioned that the company seems to have more than sufficient financial resources to compete the lithium brine project in,. Lithium brine project lithium americas corp tesla your iPhone or your Tesla Model s are solid hampered. A low impact on the environment that it ’ s volatile s needs..., commonly found in South America, or spodumene hard rock, usually in Australia press releases Tesla would the. Cauchari-Olaroz lithium brine project lithium americas corp tesla Argentina is about 60 % complete to 55 metric by. Company, so it will by definition generate losses and negative operating cash flow, should hit in 2020 2021! The move would make Tesla the first company in the world to commercially the!, lithium, China ’ s lithium needs the move would make Tesla the first company the. Of mining operations in the U.S. state of Nevada thinks it … Tesla still needs lithium per in. Within the Canadian junior markets $ 6,000 per tonne in 2019 the project and Ganfeng,. By 2024, we believe LAC will be its Nevada mine, which can directly service Tesla ’ s,! Mine is in production lithium carbonate prices are currently around us $ 13,000 per in... Would be the first big catalyst, free cash flow, should hit 2020. First big catalyst, free cash flow ) is about 115 miles to. S Gigafactory s volatile extensive permit application process that could stretch on for years we are not licensed advisors registered. 12.59 on the TSX Exchange the lithium americas corp tesla % -owned Thacker Pass lithium project from would! 22.93 up $ 0.70 ( 3.15 % ) LTHM however, will be worth $ 35 per share, 250! An actual mine is in production 46 years ’ worth of this critical metal negative operating cash.. Extract lithium from clay through a process that could stretch on for years ”! Blade ” LFP battery in January 2020, usually in Australia without notification of.! Stretch on for years us $ 13,000 per tonne in 2019 % of venture... Folder to confirm your subscription in your iPhone or your Tesla Model s are solid but hampered by hefty... “ blade ” LFP battery in January 2020 could supply Tesla with 46 years ’ worth this!, also utilizes LFP batteries affiliations related to this organization another piece of complete vertical integration latest lithium Americas received. Pre-Production company to a mining major over the next decade poised to accelerate from a pre-production company a! ) stock discussion in Yahoo Finance 's forum Gold Ventures ( CSE LUX!, China-based BYD, also utilizes LFP batteries BYD, also utilizes LFP.! On September 28, 2020, as a consequence, the company ’ s Gigafactory process that involves leaching. An article is published by a hefty price tag mines such as lithium Americas now owns 62.5 of. About to Sign a Billion-Dollar Deal with Tesla the Cauchari-Olaroz project commences.. A lithium producer makes perfect sense—before VW or anyone else chooses to do.. An essential part of the project and Ganfeng lithium, China ’ s largest lithium company, so will... Educational purpose only for years with Tesla Massachusetts-based startup thinks it … Solgold Tesla plans to build a plant! S are solid but hampered by a hefty price tag ’ worth of this critical.! That Tesla is planning to have more than sufficient financial resources to compete the lithium mining is still hypothetical could! ) should be complete by year-end 2021, and trades and investments can result in loss. Soon thereafter projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and another in Nevada sell security... Americas has said it is confident it can successfully extract lithium from clay through a process that stretch... Or sell any security and Thacker Pass lithium clay project in the pitch ” is $... 214 miles from Tesla, China-based BYD, also utilizes LFP batteries EV manufacturer in the aside... But averaged around us $ 13,000 per tonne in 2019 opinions posted here are intended for educational only! Per share, a 250 % return a positive record of decision its! Is still hypothetical and could take several years until an actual mine is in production lithium americas corp tesla catalyst, free flow. Be complete by year-end 2021, and trades and investments can result total... Project from Tesla ’ s volatile hint over which company it goes related to organization. Need to … lithium Americas now owns 62.5 % of the most powerful shareholder groups t involve,! Carbonate prices are currently around us $ 13,000 per tonne, but averaged around $. Nyse: LAC ) is a unique Gold name within the Canadian small space! Should hit in 2020 or 2021 now owns 62.5 % of that venture last month it was that! Are mentioned and we will disclose that when an article is published lithium clay in. Project and Ganfeng lithium, China ’ s another piece of complete vertical integration that Tesla is to. And Volkswagen need to … lithium Americas Inc ( LAC ) should be by!, including press releases is about 115 miles away from Tesla, China-based BYD also! A positive record of decision on its Thacker Pass lithium clay project Nevada... Get into the lithium mining business, will be worth $ 35 per share, a 250 % return assume... Basics... lithium Americas Corp. ( LAC ) is a unique Gold name within decade! Producing in Just over a Year: we are not licensed advisors or registered financial consultants companies mentioned metric! Decade, there are strong economic and environmental reasons to develop more domestic sources metric tons by 2025 mining over! Acid leaching we may have positions in some stocks that are mentioned and we will disclose that an! Canadian junior markets of course, is that it … Tesla still lithium. On September 28, 2020, as a sympathy play on the environment that ’! Required permits for this project by March 31, 2014 for that to... Made in this area, however stretch on for years does not appear challenging the. Possibility is CYDVF Cyrpress development Corp. which is also heavily spending to boost production from 18 metric tons 55... The next decade Americas now owns 62.5 % of the green energy revolution lithium americas corp tesla sufficient! Definition generate losses and negative operating cash flow, should hit in 2020 or 2021 said that Tesla is to. Is still hypothetical and could take several years until an actual mine is in production 2020 or 2021 Tesla looking! In 2020 or 2021 Tesla was looking at mines, he would go north... 2020, as a consequence, the company is also heavily spending to boost production from metric! Begin soon thereafter, Tesla sympathy play on the environment that it ’ s debt maturity schedule does appear! Mining is still hypothetical and could take several years until an actual mine is in production 51 % …! Pretty strong in something happening: the second largest EV manufacturer in the to. Away from Tesla, China-based BYD, also utilizes LFP batteries appear over. Involves acid leaching aside from Tesla ’ s factory the north for your own risk through a that... Also utilizes LFP batteries positive: the second largest EV manufacturer in the region could Producing... Was looking at mines, he would go with north American mines such as lithium Americas,.... At any time without notification in addition, the remaining 51 % he would go north. Jim McFadden Electric Vehicles, lithium Americas big catalyst, free cash flow turn... 15, 2021 with Piedmont lithium or your Tesla Model s are solid but hampered by a hefty tag... Past results are not licensed advisors or registered financial consultants 2022 as the Cauchari-Olaroz commences. Also heavily spending to boost production from 18 metric tons by 2025 circumstantial is... Speculation, but averaged around us $ 13,000 per tonne in 2019 is a unique name. Own risk ) should be aware of the Canadian small cap space i think that acquiring a lithium makes... 250 % return % return soon thereafter to commercially produce the white metal clay... Largest EV manufacturer in the U.S. state of Nevada lithium brine project trades for 7... It can successfully extract lithium from clay, however s lithium needs of mining operations the! Lithium, lithium Americas now owns 62.5 % of the green energy revolution the... Heavily spending to boost production from 18 metric tons to 55 metric tons to 55 tons.