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Lithium Americas Corp (LAC-T) Quote - Press Releases

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Latest Press Releases

Lithium Americas Announces Results of 2019 Annual General Meeting
GlobeNewswire - Thu Jun 27, 5:58AM CDT
GlobeNewswire - CMTX
Thu Jun 27, 5:58AM CDT
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce the results of its annual general meeting of shareholders (the "AGM") that was held on June 26, 2019.
Lithium Americas Provides Update on the Project Investment by Ganfeng Lithium
GlobeNewswire - Thu Jun 6, 6:30AM CDT
GlobeNewswire - CMTX
Thu Jun 6, 6:30AM CDT
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to provide an update on the transaction announced April 1, 2019, whereby Ganfeng Lithium Co. Ltd. (together with its subsidiaries, "Ganfeng Lithium") has agreed to subscribe, through a wholly-owned subsidiary, for newly issued shares of Minera Exar S.A. ("Minera Exar"), the holding company for the Cauchari-Olaroz lithium brine project (the "Project" or "Cauchari-Olaroz) for cash consideration of US$160 million (such transaction, the "Project Investment").
Lithium Americas Reports Q1 2019 Financial and Operating Results
GlobeNewswire - Wed May 15, 7:00AM CDT
GlobeNewswire - CMTX
Wed May 15, 7:00AM CDT
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the quarter ended March 31, 2019.
Lithium Americas Announces Retirement of Tom Hodgson and the Appointment of Jonathan Evans as Chief Executive Officer
GlobeNewswire - Wed May 15, 6:26AM CDT
GlobeNewswire - CMTX
Wed May 15, 6:26AM CDT
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company"), has announced today that Tom Hodgson has retired as Chief Executive Officer and Director. The Board of Directors has appointed Jonathan (Jon) Evans, currently President and Chief Operating Officer, to the role of President and Chief Executive Officer and to replace Tom Hodgson on the Board. Tom Hodgson has agreed to stay on as a consultant to assist with the transition and will continue to support the Company as needed.
Lithium Ion Battery Sector Trending Up With Estimated Market Share to Exceed $90 Billion by 2024
PR Newswire - Mon Apr 29, 7:45AM CDT
PR Newswire - CMTX
Mon Apr 29, 7:45AM CDT
According to S&P Global lithium demand should grow at least 20% in 2019 compared with 2018, driven by batteries for electric vehicles, Chilean producer SQM said in its annual report. There appears to be an amount of emerging juniors and majors of the lithium mining sector attempting to modernize the industry with advancing and improved abilities to extract lithium at a lower cost and faster pace over the lithium minors of the recent past. In other words, there is now a new level of producers in the markets with lithium demand set to soar once again. Analysts are now giving way to the notion that the supply-demand balance may just be actually much tighter than prices suggest. A few key demand drivers for the lithium industry starts off the obvious with the Global demand for electric vehicles (EV). According to Argus Media, lithium ion batteries in EVs have increased from 10 GWh to 70 GWh in only a decade, with estimates placing the market to reach 223 GWh by 2025, an increase of 300x from current levels. EVs have been taking off in the United States, with sales increasing by 81% in 2018, though a more modest increase is expected in 2019. EVs take up 2.4% of total vehicles in the United States. Elon Musk wants 20 gigafactories producing lithium batteries for Tesla EVs by the next decade. Benchmark thinks new factories will be using up 534,000 tons in new demand (on top of current demand of 200,000 tons) by 2028. hen there is the other demand side factor: as the energy storage sector grows, demand for lithium-ion batteries will grow by leaps and bounds. By one estimate, the market could reach $92 billion by 2024, with a CAGR of 16%. The market was worth $21.6 billion in 2018. Active stocks in the markets this week include NRG Metals Inc. (TSX-V: NGZ) (OTC: NRGMF), Sociedad Química y Minera de Chile S.A. (:NYSE: SQM), Neo Lithium Corp. (TSX-V:NLC) (OTCQX:NTTHF), Freeport-McMoRan Inc. (NYSE: FCX), Lithium Americas Corp. (TSX:LAC) (NYSE:LAC).
Lithium Ion Battery Sector Trending Up with Estimated Market Share to Exceed $90 Billion by 2024
Financial News Media - Mon Apr 29, 7:31AM CDT
Financial News Media - CMTX
Mon Apr 29, 7:31AM CDT
Palm Beach, FL - April 29, 2019 - According to lithium demand should grow at least 20% in 2019 compared with 2018, driven by batteries for electric vehicles, Chilean producer SQM said in its annual report. There appears to be an amount of emerging juniors and majors of the lithium mining sector attempting to modernize the industry with advancing and improved abilities to extract lithium at a lower cost and faster pace over the lithium minors of the recent past. In other words, there is now a new level of producers in the markets with lithium demand set to soar once again. Analysts are now giving way to the notion that the supply-demand balance may just be actually much tighter than prices suggest. A few key demand drivers for the lithium industry starts off the obvious with the Global demand for electric vehicles (EV). According to Argus Media, lithium ion batteries in EVs have increased from 10 GWh to 70 GWh in only a decade, with estimates placing the market to reach 223 GWh by 2025, an increase of 300x from current levels. EVs have been taking off in the United States, with sales increasing by 81% in 2018, though a more modest increase is expected in 2019. EVs take up 2.4% of total vehicles in the United States. Elon Musk wants 20 gigafactories producing lithium batteries for Tesla EVs by the next decade. Benchmark thinks new factories will be using up 534,000 tons in new demand (on top of current demand of 200,000 tons) by 2028. Then there is the other demand side factor: as the energy storage sector grows, demand for lithium-ion batteries will grow by leaps and bounds. By one , the market could reach $92 billion by 2024, with a CAGR of 16%. The market was worth $21.6 billion in 2018. Active stocks in the markets this week include . (TSX-V: NGZ) (OTC: NRGMF), (:NYSE: SQM), (TSX-V:NLC) (OTCQX:NTTHF), (NYSE: FCX), (TSX:LAC) (NYSE:LAC).
Lithium Americas Reports 2018 Financial and Operating Results
GlobeNewswire - Mon Apr 1, 6:47AM CDT
GlobeNewswire - CMTX
Mon Apr 1, 6:47AM CDT
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the year ended December 31, 2018.
Lithium Americas Announces US$160 Million Project Investment by Ganfeng Lithium in Cauchari-Olaroz and Parties to Jointly Evaluate an Increase to 40,000 tpa
GlobeNewswire - Mon Apr 1, 6:27AM CDT
GlobeNewswire - CMTX
Mon Apr 1, 6:27AM CDT
HIGHLIGHTS
Lithium Batteries Continue to Develop as Governments Focus on EVs
PR Newswire - Thu Mar 21, 8:00AM CDT
PR Newswire - CMTX
Thu Mar 21, 8:00AM CDT
Lithium prices have skyrocketed during recent years due to the growing global demand for lithium-ion batteries. In 2018, lithium prices surged by 45%, or to USD 16,500 per ton year-over-year as the demand began to outpace the supply. Lithium-ion batteries are being used within various applications such as electric vehicles (EV), portable consumer electronics, and grid energy storage systems, to name a few. The batteries are commonly used in applications that require lightweight and high-energy density solutions as lithium-ion batteries are much more compact when compared to traditional batteries. They also boast a higher energy density per weight than traditional batteries. Additionally, the ongoing technological advancements are aimed towards reducing the weight of these batteries, while also maintaining the ability to provide sufficient power. While the battery market is the largest segment of the overall lithium market, energy storage systems are expected to witness the fastest growth rate because of the ongoing developments in the wind and solar PV across the world. Furthermore, the rising demand for efficient but clean energy is also accelerating the lithium market and causing prices to rise dramatically. According to data compiled by Grand View Research, the global lithium-ion battery market is expected to reach USD 93.1 Billion by 2025, while registering a robust CAGR of 17% as well. The EV market is expected to be a major driver for the overall marketplace, while the growing adoption in portable consumer electronics and grid storage systems is also expected to accelerate its growth. Neo Lithium Corp. (OTC: NTTHF) (TSX-V: NLC), Livent Corporation (NYSE: LTHM), Panasonic Corporation (OTC: PCRFY), Enphase Energy, Inc. (NASDAQ: ENPH), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC)
Lithium Americas Provides Updates on the Cauchari-Olaroz and Thacker Pass Projects
GlobeNewswire - Mon Feb 25, 5:29AM CST
GlobeNewswire - CMTX
Mon Feb 25, 5:29AM CST
Lithium Americas Corp. (TSX: LAC; NYSE: LAC) ("Lithium Americas", "LAC" or the "Company") is pleased to provide a construction update on the Cauchari-Olaroz lithium project ("Cauchari-Olaroz") in the Province of Jujuy, Argentina. Cauchari-Olaroz is 100%-owned by Minera Exar S.A. ("Minera Exar"), a joint venture company owned 62.5% by Lithium Americas and 37.5% by Jiangxi Ganfeng Lithium Co., Ltd. ("Ganfeng Lithium").

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