The new Lithium Americas is focused on advancing the Thacker Pass lithium project in Nevada to production.
Thacker Pass is projected to begin lithium production in the second half of 2026. Credit: Lithium AmericasThe new Lithium Americas is a pure-play lithium company focused on advancing its Thacker Pass project in Nevada to production.in Jujuy, which is progressing toward full commercial production, and the Pastos Grandes lithium brine project in Salta, which it
Shares in the Vancouver-based company soared during its first hours of trading and it was last up more than 10% to C$16.15 each in Toronto. The business separation allowed Lithium Americas to distance from one of its top shareholders, China’s Ganfeng Lithium, which in 2018 “We look forward to seeing these two market-leading companies thrive independently,” Jonathan Evans, President and CEO of Lithium Americas said. “The separation offers investors two unique and highly focused pure-play lithium companies with world-class assets in our respective regions of operation.”
Analysts have said Lithium America’s decision to split the company came down to the delicate status of US-China relations., Lithium Americas recently applied for funding from the US Department of Energy, which has allocated millions of dollars to support battery-metals projects.Barrick's plan is to increase Lumwana’s annual process plant production to an estimated 240,000 tonnes of copper per annum.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lithium Americas wraps up reorganisationLithium Americas, now Lithium Americas (Argentina) and a new Lithium Americas (NewCo) on Tuesday jointly announced the completion of the reorganisation of Lithium Americas into two independent publicly traded companies. “We look forward to seeing these two market-leading companies thrive independently,” said Lithium Americas (NewCo) president and CEO Jonathan Evans.
Read more »
North America's first Gandhi museum opens in HoustonA dream that began back in 2016, the Eternal Gandhi Museum Houston is a state-of-the-art facility in southwest Houston.
Read more »
Norwegian Green Hydrogen Hystar Announces 4 GW Factory, To Expand In North AmericaThe Norwegian startup plans an international expansion into North America to benefit from investment incentives in the region.
Read more »
Council Post: Technology Leadership Lessons From Formula 1's Growth In North AmericaStudying other industries and bringing their strategies back to your own can give you a bigger advantage than just studying your direct competition.
Read more »
Long-tracking Tropical Storm Philippe to brush Bermuda en route to North AmericaAccuWeather meteorologists have been tracking Philippe since mid-September days before it became an organized system, and they say it will journey another 2,000 miles, with the potential to veer westward toward northern New England.
Read more »
Foot Locker-owned Atmos Is Closing Its Three North America StoresThe business is also closing its U.S. website in order to focus on Japan and the Asia market.
Read more »