Lithium Americas LAC shares are trading higher on Thursday amid continued strength in lithium names after Tesla TSLA recently signed a deal with Piedmont Lithium. Tesla is also reportedly planning on making Model 3s in China with lithium iron phosphate batteries.
Lithium Americas is a Canadian resource company. It operates various projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada.
Lithium Americas shares traded up 5.62% to $12.03 on Thursday. The stock has a 52-week high of $12.93 and a 52-week low of $1.92.
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