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Lithium Americas Corp. - $LAC STOCK NEWS

Welcome to our dedicated page for Lithium Americas news (Ticker: $LAC), a resource for investors and traders seeking the latest updates and insights on Lithium Americas stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lithium Americas's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lithium Americas's position in the market.

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Lithium Americas (NYSE: LAC, TSX: LAC) announced the results of its annual general and special meeting held on May 24, 2024. All eight director nominees were elected with a strong majority of votes. Kelvin Dushnisky received 95.40% of votes, Michael Brown 97.54%, Fabiana Chubbs 97.07%, Jonathan Evans 97.36%, Dr. Yuan Gao 97.71%, Zach Kirkman 97.70%, Jinhee Magie 97.20%, and Philip Montgomery 97.85%. Comprehensive voting results will be available on SEDAR+, EDGAR, and the company's website.

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Lithium Americas Corp. reported its Q1 2024 financial and operating results, highlighting completion of site preparation at Thacker Pass for major construction, progress in detailed engineering, and receipt of a $2.26 billion loan commitment from the U.S. DOE. The estimated total capital cost for Phase 1 construction has been revised to $2.93 billion, with $62.5 million in construction costs capitalized in Q1 2024. The Company had $147 million in cash and cash equivalents as of March 31, 2024, and completed a $275 million public offering of common shares to fund Thacker Pass construction.

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NACCO Industries announced their first-quarter results for 2024, showing a 162% increase in operating profit, a 28% increase in income before taxes, and a decrease in net income due to higher income tax expenses. The company repurchased shares and maintained a conservative capital structure. The Coal Mining segment saw a decline in revenues and operating results, while the North American Mining segment experienced significant growth. The Minerals Management segment showed increased revenue and profit. The company expects improved results in 2024, focusing on growth and diversification.

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Lithium Americas Corp. closes a US$275 million underwritten public offering by issuing 55,000,000 common shares at $5.00 per share. The proceeds will fund the Thacker Pass lithium project in Nevada. The offering, together with a DOE loan and GM investment, will fully fund Phase 1 construction.
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Lithium Americas Corp. announced the pricing of a $275 million underwritten public offering of 55,000,000 common shares at $5.00 per share. The Company intends to use the proceeds for advancing the construction of its Thacker Pass lithium project in Nevada. The Offering is led by Evercore ISI, Goldman Sachs, and BMO Capital Markets. The Company also received a $1.97 billion loan commitment from the U.S. Department of Energy for the Thacker Pass project.
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Lithium Americas Corp. announced a proposed public offering of 55,000,000 common shares, led by Evercore ISI, Goldman Sachs & Co. , and BMO Capital Markets. The Offering is subject to market conditions, with an option for additional shares. The Company will offer the shares in the United States and Canada, excluding Québec.
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Lithium Americas Corp. reports its financial results for Q4 2023, provides an update on Thacker Pass lithium project, secures a $2.26 billion loan from the DOE, and revises CAPEX for Phase 1 construction.
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Lithium Americas Corp. provides an update on its Thacker Pass lithium project in Nevada, securing a $2.26 billion loan from the U.S. Department of Energy for construction. The project aims to produce 40,000 tpa of battery-grade lithium carbonate. Construction progress, financing details, workforce impact, and timeline are highlighted.
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Lithium Americas Corp. secures a $2.26 billion loan from the U.S. Department of Energy for the Thacker Pass lithium project in Nevada. The loan aims to finance the construction of processing facilities, creating jobs and supporting U.S. EV production.
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NACCO Industries (NC) reported a significant decline in operating profit and net income for Q4 2023 due to a non-cash asset impairment charge and lower operating results in Coal Mining and Minerals Management segments. The company anticipates a positive full-year net income in 2024 despite challenges at the Red Hills Power Plant affecting customer demand. The outlook includes improved results at Mississippi Lignite Mining Company and higher earnings at Falkirk and Coteau.
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Lithium Americas Corp.

NYSE:LAC

LAC Rankings

LAC Stock Data

788.33M
130.19M
10.28%
26.09%
9.15%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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