Lithium Americas Corp. (NYSE:LAC) is one of the best rare-earth stocks to buy right now. On April 20, Wedbush initiated coverage of Lithium Americas Corp. (NYSE:LAC) with a Neutral rating and a $8 price target. According to the research, the company’s flagship Thacker Pass project has evolved from a mining development project into a national security asset. That’s in part because the project boasts of the world’s largest known measured lithium resource.
Additionally, the Thacker Pass project is supported by a $2.23 billion Department of Energy Loan and a General Motors joint venture. According to Wedbush, 2026 will be a key year for the Thacker Pass build-out, given the favorable geopolitical backdrop for domestic lithium production.
Lithium Americas has made significant progress on the development of the Thacker Pass project, with a target for mechanical completion in 2027. Peak construction is expected in 2026 as Lithium Americas Corp positions Thacker Pass to play a central role in securing the US’s national security and future energy needs.
Lithium Americas Corp. is a North American-focused resource company developing the Thacker Pass lithium project in Nevada, which is the largest known lithium resource in the US. It aims to supply battery-quality lithium carbonate for electric vehicles and renewable energy, with a major project phase scheduled for completion around 2027.
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