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Nickel price $21.79 lb.
http://www.kitconet.com/charts/metals/base/t24_nk450x275.gif
Lithium Americas Corp LAC QQQQ visit: http://global.morningstar.com/equitydisclosures.
The primary analyst covering this company does not own its stock.
At Cauchari-Olaroz, Lithium Americas owns 44.8% of the project, while Ganfeng, one of the world
1
The ESG Risk Rating Assessment is a representation of Sustainalytics’ ESG Risk
Economic Moat Moat Trend Uncertainty Capital Allocation ESG Risk Rating Assessment
Rating. 45.00 USD 0.79 18 Nov 2021 14:50, UTC
3.97 USD Bil
17 Nov 2021
None Stable Very High Standard
largest lithium producers, owns 46.7%. The remaining 8.5% stake;is ;ow;ned;b;y JEMSE, an
If anyone thought LAC would not have a loss for the quarter needs to do some due diligence!
Well said Grey Ghost!
Ford and SK battery supplier to spend $11 billion to build four new plants https://www.cnbc.com/2021/09/27/ford-battery-supplier-to-spend-11point4-billion-to-build-new-us-plants.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Ford and SK battery supplier to spend $11 billion to build four new plants https://www.cnbc.com/2021/09/27/ford-battery-supplier-to-spend-11point4-billion-to-build-new-us-plants.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
Giga presentation on stock house
LAC can dig for artifacts!
https://www.reuters.com/article/usa-mining-lithium-americas-idUSL1N2P0092
VANCOUVER, British Columbia, July 12, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced that it has entered into an agreement to acquire 42,857,143 subscription receipts of Arena Minerals Inc. (TSX-V: AN) (“Arena Minerals”) in a private placement at C$0.14 per subscription receipt for total consideration of C$6.0 million (US$4.8 million).
The strategic ownership in Arena Minerals will provide Lithium Americas future optionality to advance exploration in Argentina in proximity to the Caucharí-Olaroz lithium project (“Caucharí-Olaroz”), which is being jointly developed by the Company and Ganfeng Lithium Co. Ltd. ("Ganfeng"). Ganfeng also holds a 18.7% equity investment in Arena Minerals. Both Lithium Americas and Ganfeng are expected to leverage their deep technical and operational experience to support Arena Minerals’ exploration and development opportunities in Argentina, including the Sal de la Puna project.
"We look forward to working with Arena Minerals and Ganfeng to support the pursuit of resource exploration opportunities in Argentina," commented Jon Evans, President and CEO. "This investment will allow Lithium Americas to advance our long-term resource development plans, while maintaining our team’s focus on execution at Caucharí-Olaroz and the Thacker Pass project.”
The investment is part of a C$10 million non-brokered private placement of subscription receipts of Arena Minerals (the “Offering”). The proceeds of the Offering will be applied by Arena Minerals to the acquisition of the Sal de la Puna lithium brine project in Salta, Argentina, exploration and development expenditures on the Company's lithium assets and for general corporate purposes. Lithium Americas currently does not hold any securities of Arena Minerals. On closing, assuming completion of the full $10 million offering by Arena Minerals, the Company will own approximately 12.9% (14.6% on a fully diluted basis) of the issued and outstanding shares of Arena Minerals.
Pursuant to the agreement, Lithium Americas has the right (i) to participate in future Arena Minerals financings to maintain its pro rata ownership interest in Arena Minerals; and (ii) to appoint a nominee to the Arena Minerals board of directors. These rights are conditioned on Lithium Americas maintaining an ownership interest in Arena Minerals of 7.5% and 10.0% of Arena Minerals’ share capital, respectively.
Upon closing, each subscription receipt will be exchanged for one common share of Arena Minerals, and one-half of one common share purchase warrant. Each warrant entitles the holder to acquire one common share of Arena Minerals at C$0.25 for a period of 24 months from the date of issuance. If Arena Minerals’ acquisition of Sal de la Puna is not met by August 15, 2021, the proceeds of the Offering will be returned to the holder.
The Company is acquiring the securities for investment purposes. Depending on market conditions and other factors, Lithium Americas may, from time to time, acquire additional common shares, common share purchase warrants or other securities of Arena or dispose of some or all of the common shares, common share purchase warrants or other securities of Arena that it owns at such time. An early warning report will be filed by Lithium Americas on SEDAR at www.sedar.com in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact the Corporate Secretary of Lithium Americas at 778-656-5820 or legal@lithiumamericas.com.
About Arena Minerals
Arena Minerals Inc. (TSX-V: AN) is an exploration-stage lithium company focused on developing brine resources in Argentina. Arena Minerals’ team has extensive experience in lithium exploration and development, including the discovery and development of the Salar de los Angeles lithium brine project in Argentina, which was acquired in 2018 for C$265 million. Arena Minerals owns the Antofalla lithium brine project in Argentina, consisting of claims covering a total of 6,000 hectares in the central portion of Salar de Antofalla, located immediately south of Albemarle Corporation's Antofalla project. Arena Minerals has recently agreed to acquire the Sal de la Puna project in Salta, Argentina
Justice dept. response to lawsuit asking for injunction.
https://www.keepandshare.com/doc18/24550/blm-6-24-21-response-to-preliminary-injunction-opt-pdf-354k?da=y
An opinion piece from the Local Reno paper
https://www.rgj.com/story/opinion/columnists/2021/06/30/lithium-and-environment-nevada-can-have-both-pat-hickey/7799540002/
This is from the local Reno newspaper
https://www.rgj.com/story/news/2021/03/05/federal-lawsuit-
challenges-thacker-pass-lithium-mine-nevada/4601075001/
https://realmoney.thestreet.com/investing/stocks/inovio-pharmaceuticals-is-breaking-out-on-the-upside-here-s-our-strategy-15355567
Inovio Pharmaceuticals Is Breaking Out on the Upside: Here's Our Strategy
Inovio just posted this on tweeter
https://blog.csiro.au/two-vaccine-candidates-acdp/
News report on local Reno station
http://www.ktvn.com/story/38989830/nevada-mine-could-produce-25-percent-of-worlds-lithium
Lithium Americas Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Thacker Pass Project
May 17, 2018
Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the filing of a technical report (the “Technical Report”) for the Thacker Pass lithium project (the “Thacker Pass Project”), formerly Stage 1 of the Lithium Nevada project. The Thacker Pass Project in Nevada, United States, is 100% owned by Lithium Nevada Corp., a wholly-owned subsidiary of Lithium Americas. The Technical Report supports the scientific and technical disclosure in the updated mineral resource estimates contained in the Company's press release dated April 5, 2018.
The Technical Report entitled, "Independent Technical Report for the Thacker Pass Project in Humboldt County, Nevada, USA" was prepared by “qualified persons” from Advisian Americas, a division of the WorleyParsons Group, in compliance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101"). The Technical Report is available on SEDAR at www.sedar.com and on the Company's website at www.lithiumamericas.com.
LiCo Energy Metals Shareholder Update
May 14, 2018: Vancouver, British Columbia; - LiCo Energy Metals Inc. (“the Company” or LiCo”) TSX-V: LIC, OTCQB: WCTXF would like to provide its shareholders with additional information regarding the May 8, 2018 announcement of the signing of an option agreement for a 60% interest in the Teledyne and Glencore Bucke cobalt properties (the “Properties”) with Surge Exploration Inc.
Since the completion of LiCo’s Phase 1 diamond drilling programs at the end of the 2017 calendar year, Company management has been reviewing various financing options that will allow it to continue to move forward its promising lithium projects in Nevada and Chile, as well as, its cobalt projects (Teledyne Cobalt and Glencore Bucke) in Canada.
The Company’s working capital, although sufficient to maintain operations, was inadequate to allow the Company to undertake five separate exploration programs in three countries on two different continents at the same time. Therefore, the Company sought various financing strategies that would allow it to continue to explore its properties and increase the value of its mineral assets for both calendar 2018 and 2019. The goal of each financing strategy was to provide the resources to fund the Company’s disclosed exploration programs, realizing that each of these strategies may either dilute the Company’s shareholders through a private placement, or in the alternative, reduce the Company’s interest in a single project going forward by entering into a property option agreement that funds the Company’s stated 2018 and 2019 exploration programs.
Given the continued softening / deterioration of junior mining equity financing markets and the relatively large number of Company common shares already issued and outstanding, management believed that seeking project specific option agreements would be the Company’s most readily available financing strategy option. On April 3, 2018 the Company announced the acceleration of payments for the Teledyne property in order to increase the property’s value with the aim of attracting further interest in the property. During this time, the Company received unsolicited expressions of interest for optioning and joint venturing its various mining assets. Each of these expressions of interest were deficient and ultimately rejected by management. At this point, LiCo was introduced to Surge Exploration Inc., through the common director. Surge Exploration Inc. had recently completed a financing and was looking for a suitable mining exploration project. After a due diligence period, an option agreement was successfully negotiated and ultimately signed by the respective company directors, with the common director abstaining from each vote. The agreement remains subject to TSX Venture Exchange approval.
This negotiated agreement not only provides LiCo with valuable cash (CAD $240,000) and equity consideration (1,000,000 common shares in a publicly traded company), but also completes the funding required for the Company’s 2018 and 2019 exploration programs on both the Teledyne and Glencore Bucke properties and funds 60% of all future expenditures on these properties. The stated goal of the 2018 and 2019 exploration programs are to define an underground cobalt resource on the property, which management believes is extremely valuable to both LiCo and its shareholders. It is this reason, along with the need for additional working capital and exploration funds, that management believes that LiCo shareholders will ultimately gain from the funding agreement and association with Surge Exploration Inc.
Getting ready to feed Tesla's NV need for lithium?
Bill O'Driscoll, RGJ 3:31 p.m. PDT October 8, 2014
(Photo: Marilyn Newton/RGJ )
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A Canadian firm took a major step Wednesday toward production of lithium in Nevada that could be timed with the planned 2017 opening of Tesla Motors' $5 billion lithium ion battery gigafactory east of Sparks.
Officials of Western Lithium Corp., unveiled a new hectorite clay processing plant off Interstate 80 in Fernley using ore from the company's Kings River lithium mine north of Winnemucca. The plant will employ 12 to 15 people when it begins operations in the next few weeks.
The hectorite clay will be sold as a lubricant in the fast-growing oil and natural gas drilling industry, officials said.
But that same ore also contains lithium, and the company's mine in northern Humboldt County is estimated to be the fifth-largest lithium deposit in the world and the largest in the U.S.
Western Lithium officials, speaking at a ceremonial opening of the hectorite clay processing plant, said the company last month began a demonstration lithium extraction project in Germany and is seeking $250 million in investment to develop a lithium processing plant at the Nevada mine site with a goal of opening by 2017.
"There is a tremendous opportunity to capture some business synergies in Nevada with all the interest coming in now," said Jay Chmelauskas, CEO of Vancouver, B.C.-based Western Lithium Corp, which has offices in Reno.
"We're very active now with potential customers," he said, but declined to identify electric car maker Tesla among them. "Our lithium plant has current estimates of 26,000 tons of lithium carbonate a year for 20 years. That production matches the amount of lithium carbonate that would be needed by a company like Tesla Motors."
Speaking to two dozen business and political leaders and with a mountain of 3,000 tons of hectorite clay behind him, Chmelauskas said Nevada is blessed to have an abundance of lithium-loaded ore.
"There is a potential market for Tesla 10 miles from where I'm standing," he said of Tesla's site for its mammoth gigafactory, which will employ up to 6,500 people in the Tahoe-Reno Industrial Center midway between Reno and Fernley.
"We see a tremendous collaboration, opportunities, with lithium. Now we're ready for some bold action," Chmelauskas said. "With the technology we're bringing to Nevada, that will spur innovation. You'll see more jobs come out of the lithium industry."
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