JPMorgan Slashes Lithium Americas Rating After 200% Rally
JPMorgan downgrades Lithium Americas to Underweight with $5 target, citing overvaluation despite government investment. Stock faces 47% potential decline.
/ 5 items
#LAC↓
U.S. Accelerates Critical Mineral Strategy: Ambler Road Approved and Trilogy Metals Receives Government Stake
The US government approved Alaska’s Ambler Road and took a 10% stake in Trilogy Metals to secure critical domestic minerals, causing Trilogy shares to surge.
US Government Denies Critical Metals Stake Amid Volatile Rare Earths Market
Shares of Critical Metals Corp. skyrocketed following reports the US Administration might take an equity stake, but a White House official confirms Washington is not actively considering the deal.
US Government Secures Equity Stake in Thacker Pass to Fuel Domestic Lithium Independence
The U.S. Department of Energy (DOE) has secured a 5% equity stake in Lithium Americas and 5% in its Thacker Pass joint venture with GM, finalizing terms for a $435 million initial loan draw to boost domestic lithium supply and challenge China's market dominance.
Trump Administration Seeks Stake in Lithium Americas
The U.S. government wants up to 10% ownership in Lithium Americas' Thacker Pass mine, vital for U.S. electric vehicle (EV) batteries. This demand is tied to a $2.26B loan and aims to boost domestic supply to cut reliance on China.