Lithium Americas shares power higher after $160M Chinese investment
The junior miner formed a joint venture at its Caucharí-Olaroz project in Argentina with one of China’s largest lithium product makers
Company
Lithium Americas Corp
TSE:LAC
Lithium Americas is developing one of the world's largest and lowest cost lithium operations. The Company has defined the world's third largest lithium brine resource, and a completed definitive Feasibility Study identified that Lithium Americas' operating cost per tonne of lithium carbonate is expected to be one of the lowest in the industry. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.
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Investments and investor services
Canada's TSX closes up on the back of strength from the energy and financials sector
News from China indicates that the manufacturing sector had expanded at its fastest pace in eight months
Jindalee Resources expands US lithium footprint at Mcdermitt project
The development comes as the company’s confidence increases due to the recently estimated exploration target range (ETR), confirming the project’s potential to host one of the largest lithium deposits in the US.
Jindalee Resources highlights project’s potential to host large lithium deposit
An exploration target range has been established for the McDermitt project in the US.
Jindalee Resources finds high-grade lithium at McDermitt project in US
The highest grading lithium intercept from diamond drilling was 14 metres at 2531 ppm from 44 metres.
Lake Resources advances drilling at Cauchari Lithium Brine Project in Argentina
The project borders advanced development projects and may contain high-grade extensions of the area’s lithium brines.
Jindalee Resources drills thicker intercept of lithium at McDermitt Project in the US
Assays up to 22 metres at 2187 ppm lithium, including 6 metres at 3113 ppm lithium and 12 metres at 2781 ppm lithium.
China’s traditional engine ban plan augurs well for battery metals sector
Norway plans to go all electric by 2025, while the UK aims to ban sales of diesel and gas cars by 2040.
Caeneus Minerals eyes large lithium clay deposit in Nevada
Caeneus holds six lithium and two nickel projects.