Why Lithium Americas Stock (LAC) Blasts Off 68% Pre-Market Today
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Lithium Americas (LAC) stock surged 68% pre-market as the company develops the Thacker Pass project in Nevada, supported by a U.S. Department of Energy loan. The Trump administration is seeking a 10% equity stake in the project, which aims to supply lithium for electric vehicles and energy storage by 2028. Both parties support the project, highlighting its importance for U.S. critical mineral production. Analysts have a Moderate Buy consensus on LAC, with a price target of $3.69, indicating a potential 20% upside.
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