G8trlongonlith repost:
LAC is one of "5 Companies Taking The Lithium Industry By Storm."
Excerpts from April 4, 2018 Yahoo Finance Article:
* Other 4 companies include: Rio Tinto; Power Metals; General Motors; and AES Corp.
* LAC's work on extracting lithium from hectorite clay is gaining attention (the NV project);
* Clay deposits may not be as productive as brine or pegmatites, but as no one produces from them currently, LAC's push might become a technological breakthrough. LAC is aiming to extract lithium with the speed of the hard-rock process while remaining more affordable than traditional brine extraction;
* the Lithium Nevada project is progressing steadily, making use of its great connection to infrastructure and location (near Tesla Giga and just a couple of hundred klicks from California's tech clusters);
* Meanwhile, LAC keeps a diversified portfolio that includes the 3rd largest lithium brine deposit in the world -- Cauchari-Olaroz, which does not have the impurity level that the Bolivian Salar de Uyuni has and, by virtue of being located in Argentina Jujuy province, is not subject to the crippling Chilean royalty rate;
* Being the "largest shovel ready lithium brine project in the world," LAC is readying to extract 8.7 million tons of 666mg/L grade lithium;
* Besides Cauchari-Olaroz project, LAC holds 3 other projects in the Puna Plateau, extending from Chile to Argentina, where reportedly 80% of the world's brine resources are located; and
* LAC stock has rallied 87% in the past year and is expected to continue to rise, as demonstrated by the recent NYSE listing.
Kinda all makes your mouth water, doesn't it?
Go LAC longggggg!!!
