Lithium Americas Analyst Highlights Thacker Pass Construction Momentum, 60% Engineering Complete
1. LAC's construction at Tech Center and Thacker Pass targets late 2027 completion. 2. Monthly spending of $50M-$70M as they secure DOE loans for project funding. 3. Anticipated lithium supply deficit next year could peak prices at $40,000/ton. 4. Offtake agreement with GM includes price floor above current market rates. 5. LAC shares down 3.02% to $2.57 amid ongoing market uncertainties.