Lithium Americas (LAC) Plans Up to $1.6 Billion in Spending. When Will It Pay Off?

We just published our list of the 10 Best Materials Stocks to Invest in According to Wall Street Analysts, and Lithium Americas Corp. (NYSE:LAC) ranked seventh.

A quarry can sell crushed stone cheaply and still lose a job to a closer supplier. Stone is heavy and inexpensive per ton, so freight can wipe out a price advantage at the quarry. The U.S. Justice Department has treated construction aggregates as local markets in merger reviews for that reason. A well-located quarry may face only a...