Why Lithium Americas Stock Dropped 6% Today
Shareholders of lithium miner Lithium Americas (NYSE: LAC) have endured a wild recent stretch. Shares of Lithium Americas soared last week after the U.S. Bureau of Land Management issued the Record of Decision for the company's Thacker Pass lithium project following completion of the National Environmental Policy Act process. "With the federal permitting process complete, our focus is on advancing the financing process including discussions with potential strategic partners," Lithium Americas President and CEO Jon Evans said in a statement.
