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Friday, June 09, 2023 10:36:29 AM
Construction began on Lithium Americas’ LAC Thacker Pass lithium mine in March. That site is the largest lithium deposit in the United States and the second largest in the world based on proven reserves.
Commissioning of the site came after a long battle to block development. The age-old balance of environmental concerns versus business potential played out in Lithium Americas’ favor this time.
The company now has a major opportunity at hand with activities expected to begin in the second half of 2023.
Lithium Americas also includes operations in Argentina at two sites. One, Cauchari-Olaroz, is targeting initial lithium production in this month. The other, Pastos Grandes Basin, is targeting a construction decision by Q4.
The company intends to separate U.S. operations and Argentine operations in the future. Thacker Pass has clear potential to become a major strategic production site given its reserves and location in the U.S.
https://www.tradingview.com/news/investorplace:c22e87ddc094b:0-3-lithium-stocks-that-could-skyrocket-in-the-next-12-months/
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