Shoot us an email & let’s chat! On September 23, 2020, BMO Capital analyst Joel Jackson says his assumption is that Tesla’s (TSLA) acquired rights in an unnamed Nevada lithium clay project is not Lithium Americas’ (LAC) Thacker Pass clay project and instead is another Nevada land package. Lithium Americas is a Canadian-based company listed on both the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE) under … Not 100% sure here but in the pitch it was mentioned that the company was 115 miles away from Tesla’s factory. The move would make Tesla the first company in the world to commercially produce the white metal from clay. We may liquidate these positions at any time without notification. We take a closer look at all data relating to organizations listed on the CSE and the TSX Venture to create quality stock analysis for investors. Pegasus Resources (TSXV: PEGA), formerly Pistol Bay Mining, recently made a series of interesting moves that seemingly have caught the, Today on the Daily Dive is that of Justin Holland, CEO of Eguana Technologies (TSXV: EGT). It stock trades for $7 now but last month it was around $4. Construction should be complete by year-end 2021, and commercial production should begin soon thereafter. It is possible that in time EV manufacturers could decide that traditional nickel-manganese-cobalt batteries are superior to those with a heavy lithium content and no cobalt or nickel. Lithium to date has been produced either from brine, mostly found in South America… The company's stock was driven by an approval from US Bureau of Land Management to Lithium Americas' Thacker Pass lithium mine. Tesla said it operated 159 sales and service centers around the world as of Dec. 31, 2014. Check your inbox or spam folder to confirm your subscription. However, the thought of Tesla vertically integrating into lithium production one day will “spook lithium producer share prices,” even if Tesla is only being speculative, says the analyst. Lithium is produced either from brine, commonly found in South America… Not a recommendation to buy or sell. The first big catalyst, free cash flow, should hit in 2020 or 2021. Cash flow should turn positive in early 2022 as the Cauchari-Olaroz project commences production. Tesla and Volkswagen need to … Latest Stock Picks Investing Basics ... Lithium Americas Corp. NYSE: LAC $22.93 up $0.70 (3.15%) LTHM. Lithium carbonate prices are currently around US$6,000 per tonne, but averaged around US$13,000 per tonne in 2019. Lithium Americas Corp. (TSX: LAC, NYSE: LAC) is advancing the Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium project in Nevada, USA to production. At full production, it could supply Tesla with 46 years’ worth of this critical metal. This year’s average price for lithium carbonate sourced in South America is expected to be $6925/t, falling to $6288/t next year and then down to … American Lithium Corp. (TSXv: Li, OTCQB: LIACF, XFRA: 5LA1) is actively engaged in the acquisition, exploration and development of lithium resources within mining-friendly jurisdictions throughout the Americas. Lithium Americas now owns 62.5% of that venture. Tesla would put it’s competition at additional risk (checkmate risk) if they owned (or had an exclusive partnership) with the company who has access to the largest lithium deposit in the US. The move would make Tesla the first company in the world to commercially produce the white metal from clay. US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y. Anglo Pacific Group is focused on royalties connected to … The March doldrums were particularly painful to watch. Its operating cash flow has reached about negative $8 million per quarter so far in 2020, but that shortfall is not excessive compared with the company’s cash balance and is quite small in relation to its enterprise value of US$1.06 billion. – The Daily Dive feat Tom Meredith, Freeman Gold Begins 5,000 Metre Drill Program To Establish Maiden Resource At Lemhi Project, Freeman Gold Begins Lemhi Metallurgical Test Work, How It Works: JPM Precious Metals Fined For Order Spoofing, The Deep Dive Compiles Company Profile On Newlox Gold Ventures, TC Energy Suspends Work on Keystone XL Amid Biden’s Plan to Revoke Permit, Grid 2.0 – How Home Energy Storage Will Change The Grid – The Daily Dive feat Justin Holland, Datametrex AI Enters Definitive Agreement To Acquire Concierge Medical Telehealth Platform, Psyched Wellness Latest Firm To Conduct Bought Deal Financing, Mind Cure Announces $10.0 Million Bought Deal Financing, (in thousands of U.S. dollars, except for shares outstanding). Lithium Americas has said it is confident it can successfully extract lithium from clay through a process that involves acid leaching. These companies produce lithium. One Cambridge, Massachusetts-based startup thinks it … By Jaimini Desai. Lithium Americas is one of the companies most far along in the development of mining operations in the region. Tesla’s long-awaited Battery Day is expected to reveal more insights into longer battery life and could be a big boost for Rio Tinto (RIO), Albemarle Corporation (ALB), Sociedad Quimica y Minera S.A. (SQM), and Lithium Americas … Read our privacy policy for more info. The move would make Tesla the first company in the world to commercially produce the white metal from clay. Is planning to have a low impact on the environment that it … Tesla still lithium... Pretty strong in something happening ’ lithium brine project in Nevada be the first company in the ”... 2020 or 2021 that Tesla is planning to have a low impact on the lithium project. 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