Lithium Americas Corp (LAAC)

[nowwhat2]

Yeah really eh ?.....OMG
https://www.prnewswire.com/news-releases/gm-and-lithium-americas-to-develop-us-sourced-lithium-production-through-650-million-equity-investment-and-supply-agreement-301734300.html


"GM will make a $650 million equity investment in Lithium Americas $LAC, which represents the largest-ever investment by an automaker to produce battery raw materials. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year."

Great news for Lithium Americas. Also displays market confidence in clay based #lithium projects $LCE $NILI $NRM $SPMT and other projects currently to secure funding/strategic partnerhsips $CRE


But.......I've thought that they hadn't even figured out how to DO IT yet.....HOW to get the lith outta the clay.....Like, does LAC even have any pilot plants goin' ?

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3ALAC&x=38&y=18&time=13&startdate=1%2F4%2F2020&enddate=2%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9