learnaboutbit on Nostr: Two stocks that I’m bullish on long-term are Lithium Americas Corp (LAC) and ...
Two stocks that I’m bullish on long-term are Lithium Americas Corp (LAC) and Lithium Americas (Argentina) Corp (LAAC). On 10/03/23 Lithium Americas Corp reorganized into two separate publicly traded companies, one for their operations in Thacker Pass (Nevada, United States) and one for their operations in Argentina. I see a lot of upside potential for both companies.
Lithium Americas Corp is focused on their Thacker Pass project. Thacker Pass is a large lithium mine located on the southern end of the McDermitt Caldera, the largest lithium reserve in the United States. LAC is currently in stage 1 of their multi-year construction plan and looking to start producing lithium in the second half of 2026. There is not a lot of competition when it comes to lithium production in the United States (although it is growing), most of our lithium is imported. The Thacker Pass project has a ton of potential if all goes to plan.
Lithium Americas (Argentina) Corp is focused on lithium production in Argentina. Argentina is one of the most lithium rich countries in the world. LAAC Is already seeing great production with their Cauchari-Olaroz project. The company also has two exploration projects in Argentina, the Pastos Grandes project and Sal de la Puna project. LAAC is already producing results and has a lot of room to grow. LAAC also may face less obstacles in their lithium production as Argentina may be less restrictive when it comes to lithium mining.
With an increased demand for lithium over the coming decades, I think now is a good time to get exposure to lithium equities. I see value and room for growth in both companies. Both companies have also stated that they strive to operate under the highest environmental, social, governance and safety standards.
#lithium #stocks #value
Disclaimer: This is not financial advice, this content is created for entertainment purposes only.
Published at
2023-12-22 05:46:00Event JSON
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"content": "Two stocks that I’m bullish on long-term are Lithium Americas Corp (LAC) and Lithium Americas (Argentina) Corp (LAAC). On 10/03/23 Lithium Americas Corp reorganized into two separate publicly traded companies, one for their operations in Thacker Pass (Nevada, United States) and one for their operations in Argentina. I see a lot of upside potential for both companies.\n\nLithium Americas Corp is focused on their Thacker Pass project. Thacker Pass is a large lithium mine located on the southern end of the McDermitt Caldera, the largest lithium reserve in the United States. LAC is currently in stage 1 of their multi-year construction plan and looking to start producing lithium in the second half of 2026. There is not a lot of competition when it comes to lithium production in the United States (although it is growing), most of our lithium is imported. The Thacker Pass project has a ton of potential if all goes to plan.\n\nLithium Americas (Argentina) Corp is focused on lithium production in Argentina. Argentina is one of the most lithium rich countries in the world. LAAC Is already seeing great production with their Cauchari-Olaroz project. The company also has two exploration projects in Argentina, the Pastos Grandes project and Sal de la Puna project. LAAC is already producing results and has a lot of room to grow. LAAC also may face less obstacles in their lithium production as Argentina may be less restrictive when it comes to lithium mining.\n\nWith an increased demand for lithium over the coming decades, I think now is a good time to get exposure to lithium equities. I see value and room for growth in both companies. Both companies have also stated that they strive to operate under the highest environmental, social, governance and safety standards. \n\n#lithium #stocks #value \n\nDisclaimer: This is not financial advice, this content is created for entertainment purposes only. https://image.nostr.build/953140b644b23ce6ec650ed5f4a3c2943ca360827660192283458f116c141d54.png https://image.nostr.build/1d63529a20aca84f4a82a83f5b1e1b2861e399b5068fb4dd372ed50eedf49fdc.png ",
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