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Lithiumsector

Lithium Americas ($LAC) Closed $4.73 on Friday's Session up 1.5%Lithium Americas ( NYSE:LAC ) has recently announced that it will raise $275 million to accelerate the development and construction of the Thacker Pass lithium project in Nevada. The company will offer 55 million shares for $5 per share, just a month after the US government disclosed its plans to lend $2.26 billion to support the project. The Thacker Pass lithium project is expected to reach its full capacity in 2028, with an anticipated production of 80,000 metric tons per year. Lithium Americas ( NYSE:LAC ) aims to extract lithium from a large clay deposit at Thacker Pass, which has never been done before at a commercial scale. The loan from the US government is a significant part of the Biden administration's strategy to reduce reliance on China for lithium supplies. The mine is expected to commence operations later in the decade and will play a crucial role in supplying General Motors. In a statement, Vancouver-based Lithium Americas ( NYSE:LAC ) revealed that the underwriters of the public offering would be granted a 30-day option to purchase up to an additional 8.3 million shares. Lithium Americas' US-listed shares closed at $6.63 on Wednesday, with post-market trading seeing a 19% drop. However, before the market closed on Friday, the stock surged 1.5%, setting the stage for a promising start during Monday's trading session. The stock's recent crash could be attributed to two major factors. Firstly, the price of lithium has plummeted in recent months due to concerns of oversupply. Secondly, there is evidence that the demand for electric vehicles is on the decline. Many vehicle dealers in the US have reported that EVs are not selling as quickly as they did before, leading them to focus on Internal Combustion Engine (ICE) vehicles. On a positive note, Lithium Americas ( NYSE:LAC ) has completed a spin-off of its operations into two separate companies: Lithium Argentina and Lithium Americas. This decision enabled the company to streamline its operations. The company has also made a significant discovery in Nevada, which is set to become the largest lithium mine in the United States by 2026. It is currently developing the mine with the support of the Biden administration, which has agreed to provide $2.26 billion. Investors of Lithium Americas ( NYSE:LAC ) believe that the company stands to benefit from the ongoing energy transition. As an American company, it will also profit from the favorable terms offered by the government through the Inflation Reduction Act (IRA). However, there are still risks to this belief, particularly with the current era of lithium abundance. Countries like Australia, Chile, Argentina, China, and Brazil are all boosting their lithium production, with more countries expected to enter the market, resulting in oversupply. The daily chart indicates that the NYSE:LAC share price hit its lowest point at $3.80 in February before rebounding to $7.73 this month, where it formed a double-top pattern. Currently, the stock has dropped below all moving averages and the 23.6% Fibonacci Retracement level, forming a down-gap. Therefore, it is likely to continue falling as sellers aim for the critical support level of $3.80, marking its lowest level for this year.
NYSE:LAC
by DEXWireNews
Lithium Americas (NYSE: $LAC) Plummeted 29.71% The stock price of Lithium Americas (NYSE: NYSE:LAC ) has experienced a sharp decline, plunging by over 27%, marking its biggest single-day drop since April 2022. This decline follows the announcement of a new fundraising plan by the company. Lithium Americas ( NYSE:LAC ) has been under significant pressure for some time, and as a result, its stock has plummeted by over 81% from its all-time high in November 2021. This sharp decline in stock price coincides with two principal events. First, the price of lithium has taken a severe hit in recent months due to oversupply concerns. Second, there are indications that the demand for electric vehicles is on the decline. In the United States, many vehicle dealers have issued warnings that EVs are not selling as fast as they were previously. Consequently, many dealerships have shifted their focus back to Internal Combustion Engine (ICE) vehicles. One positive development for Lithium Americas is the completion of a spin-off of its operations into two companies: Lithium Argentina and Lithium Americas ( NYSE:LAC ). This strategic move has enabled the company to streamline its operations. Additionally, the company has made a significant discovery in Nevada, which will become the largest lithium mine in the United States by 2026. The mine is currently being developed with the assistance of the Biden administration, which has committed to providing $2.26 billion. However, the decision by Lithium Americas' management to raise $275 million to fund the development of the Thacker Mine in Nevada has resulted in a significant decline in the stock price. This move will dilute the shareholding of current investors. Despite this, Lithium America's investors remain optimistic that the company will benefit from the ongoing energy transition, and as an American company, it will enjoy favorable terms offered by the government through the Inflation Reduction Act (IRA). Nevertheless, the current lithium abundance era presents risks to this optimistic outlook. Countries such as Australia, Chile, Argentina, China, and Brazil are all increasing their lithium production, with more countries expected to join the market, leading to an oversupply. In terms of the stock price forecast, the Monthly chart shows that the NYSE:LAC share price hit a low of $3.80 in February, bounced back to $7.73 this month to form a double-top pattern, and has since fallen below all moving averages . The stock has formed a down-gap . As a result, it is expected to continue falling as sellers target the key support at $3.80, its lowest level this year.
NYSE:LACShort
by DEXWireNews
1
U.S. Approves $2.26 Billion Loan for Nevada Lithium PlantThe Biden administration has greenlit a record-breaking $2.26-billion loan for Lithium Americas Corp., ( NYSE:LAC ) propelling the development of a Nevada lithium deposit—the largest of its kind in the United States. The loan, extended by the U.S. Department of Energy, represents a significant milestone in efforts to advance sustainable energy infrastructure and reduce dependence on foreign sources of lithium—a crucial component in electric vehicle batteries, solar panels, and wind turbines. Lithium Americas Corp., ( NYSE:LAC ) announced that the substantial loan will primarily fund the first phase of development, marking a pivotal moment in the company's journey to harness the potential of the Nevada lithium deposit. The project, spearheaded by the company's subsidiary, Lithium Nevada Corp., ( NYSE:LAC ) will see the construction of a state-of-the-art lithium carbonate processing plant adjacent to the Thacker Pass mine—a project valued at $2.2 billion. With General Motors Co. investing $650 million in Lithium Americas, the Nevada lithium project is poised to become a cornerstone in the supply chain for electric vehicle manufacturers. As the automotive industry transitions towards electrification, securing a reliable source of lithium is paramount to meeting growing demand for sustainable transportation solutions. The loan, described as the largest-ever to a mining company by the DOE's Loan Programs Office, underscores the government's commitment to bolstering domestic production of critical minerals. President Biden's climate agenda, coupled with increased focus on renewable energy, has catalyzed investments in projects like the Nevada lithium plant, positioning the United States as a global leader in sustainable energy technology. Moreover, the loan comes amidst a broader push to revitalize the American manufacturing sector and create high-quality jobs in clean energy industries. By supporting projects like the Nevada lithium plant, the Biden administration aims to foster economic growth while addressing climate change and promoting energy independence. Technical Outlook NYSE:LAC stock is trading with a moderate Relative Strength Index (RSI) of 67 indicating a moderate bullish trend. Prior the news on the approval of the loan, NYSE:LAC surged by 9.16%.
NYSE:LACLong
by DEXWireNews
Atlantic Lithium Limited: A Potential Gem in the Lithium Mining Atlantic Lithium Limited: A Potential Gem in the Lithium Mining Industry The demand for lithium, a crucial element for electric vehicle batteries and other renewable energy technologies, is soaring, propelling the lithium mining industry to the forefront of global economic growth. Amidst this surge, Atlantic Lithium Limited, an Australian-based company, has emerged as a potential game-changer with its flagship Ewoyaa Project in Ghana, West Africa. A Promising Lithium Asset in Ghana Atlantic Lithium's Ewoyaa Project holds the distinction of being Ghana's first lithium mine, boasting an estimated resource of 35.3 million tonnes grading 1.25% lithium oxide (Li₂O). This substantial resource, coupled with the project's favorable location and government support, has garnered significant attention from investors and industry experts. Stock Rating Is Buying Atlantic Lithium Limited Stock a Good Idea? The consensus rating for Atlantic Lithium Limited from analysts is a resounding "Buy," reflecting the company's promising potential. The current share price may seem attractive, but it's crucial to exercise caution when investing in early-stage companies like Atlantic Lithium. Trading Options for Potential Profits While investing in Atlantic Lithium stock directly involves inherent risks, options trading can offer a more controlled approach to capitalize on the company's growth trajectory. Purchasing call options, which grant the right to buy Atlantic Lithium shares at a predetermined price within a specified period, can be a viable strategy to generate potential profits. Potential Profits from Call Options The price of call options typically moves in tandem with the underlying stock price. If the stock price of Atlantic Lithium rises, the value of call options will also increase, allowing option holders to purchase shares at a lower price and profit from the difference. Risks Inherent in Option Trading Options trading, like any form of investing, carries inherent risks. The option holder may lose the entire premium paid for the option if the stock price does not reach the strike price by the expiry date. Additionally, market volatility can significantly impact option prices. Caution and Thorough Research are Paramount Before venturing into options trading, it's essential to fully understand the risks involved and to conduct thorough research on Atlantic Lithium's fundamentals, market conditions, and potential growth prospects. Conclusion: Weighing the Potential and Risks Atlantic Lithium Limited presents a compelling opportunity for investors seeking exposure to the lithium mining industry's growth potential. However, the early-stage nature of the company and the inherent risks of investing in small-cap stocks warrant careful consideration. Options trading, while offering potential profits, also carries its own set of risks. Ultimately, each investor must weigh the potential rewards against the associated risks before making a decision. Risk Warning Trading stocks and options is a risky activity and can result in losses. You should only trade if you understand the risks involved and are comfortable with the potential for losses. Rating: BUY Risk Disclaimer! The article and the data is for general information use only, not advice! Risk Disclaimer! General Risk Warning: Trading on the Financial Markets, Stock Exchange and all its asset derivatives is highly speculative and may not be suitable for all investors. Only invest with money you can afford to lose and ensure that you fully understand the risks involved. It is important that you understand how Trading and Investing on the stock exchange works and that you consider whether you can afford the high risk of loss.
LSE:ALLLong
by TheTrade_Academ
The SOLID State Battery Revoloution is upon us - QuantumScapeTarget 1: $15.32 Major Resistance Level: $18.48 Target 2: $26.77 Target 3 / Resistance Level: $36.10 Long Term Target 1: $53.92 Long Term Target 2: $79.65 Major Resistance Level: $95.82 (Disclaimer - After today's massive jump on Volkswagen news, it's likely we will see at least a small pullback. But in the grand scheme of things if this technology is actually what we are hearing, this is just a drop in the grand bucket) Investing in the Future: QuantumScape Corporation and the Solid-State Battery Revolution In the fast-evolving landscape of electric vehicles (EVs) and renewable energy, QuantumScape Corporation (NYSE: QS) is emerging as a trailblazer with its groundbreaking solid-state battery technology. Recent developments have sent the company's stock soaring, underlining the potential transformative impact of QuantumScape's innovations on the future of energy storage. Milestone Achievement with Volkswagen Collaboration QuantumScape's recent surge is attributed to a significant milestone achieved in collaboration with Volkswagen. The company successfully tested its anodeless solid-state lithium-metal cells technology, confirming its capabilities through an A-sample test. PowerCo, an independent entity, validated the test results, revealing that QuantumScape's solid-state cell not only met but exceeded the requirements of the test. Impressively, the solid-state cell completed over 1,000 charging cycles, equivalent to a remarkable half a million kilometers of travel for an electric car with a WLTP range of 500-600 kilometers. Even more compelling is the fact that the cell demonstrated minimal aging, retaining an impressive 95% of its capacity or discharge energy at the end of the test. PowerCo CEO Frank Blome expressed his optimism, stating, "These are very encouraging results that impressively underpin the potential of the solid-state cell." The successful completion of this test positions QuantumScape as a frontrunner in developing a battery cell that could offer extended ranges, rapid charging capabilities, and minimal degradation over time. Technical Advancements Driving QuantumScape's Success QuantumScape's technology addresses critical challenges faced by traditional lithium-ion batteries, which are approaching the limits of their energy density. The company's innovations include an anodeless architecture and a proprietary solid ceramic separator, leading to notable improvements in energy density, charging speeds, and safety. Key advantages of QuantumScape's solid-state battery technology include: Energy Density: Significant increase in volumetric and gravimetric energy densities by eliminating graphite/silicon anode host material. Fast Charge: Enables less than 15-minute fast charging (10-80%) by eliminating the lithium diffusion bottleneck in the anode host material. Extended Life: Eliminates capacity loss at the anode interface, thereby extending the useful lifetime of the battery. Enhanced Safety: Replaces the organic separator with a solid-state separator that is nonflammable and noncombustible, significantly improving safety. Cost Efficiency: Lowers costs by eliminating the anode host material and associated manufacturing costs. Investment Considerations QuantumScape's recent success and technological advancements position the company as a key player in the future of energy storage. The collaboration with Volkswagen further strengthens its industry standing, and the positive test results underscore the viability of its solid-state battery technology. Investors should note that QuantumScape's stock has experienced a notable uptick, reaching its highest level since early August. However, with short interest at 15.6% of the total float, some volatility may be expected. As QuantumScape continues to perfect and scale its manufacturing processes, investors have the opportunity to align themselves with a company at the forefront of revolutionizing energy storage. The upcoming Q4 earnings report, expected in the middle of February, will be a key indicator of the company's financial health and growth trajectory. In conclusion, QuantumScape Corporation presents a compelling investment opportunity for those seeking to participate in the transformative shift toward more efficient, safer, and longer-lasting energy storage solutions. As the world increasingly embraces electric vehicles and sustainable energy practices, QuantumScape stands poised to play a pivotal role in shaping the future of the industry.
NYSE:QSLong
by Helios_Capital_Investment
Piedmont Lithium continuation of Bullish DivergenceHey Folks! This is an update to my Head and Shoulders bullish divergence idea. You can see the double bottom Stochastic RSI and continued price increase. Granted it's not the most bullish divergence, but the H&S pattern at this moment, is more likely to play out than not imo. It's not unusual for price to stray only to come back into the fold in a H&S. 10 avg volume has increased slightly after today. I don't pay much attention to analyst price forecasts, but in this case the targets are worth looking into and make technical sense to me. In fact I think they are modest. I'm looking for a 100% return if Piedmont can get their mining permits approved by North Carolina. If approved, PLL would become one of North America's largest sources of lithium for electric vehicle batteries for Tesla and others. This permit approval also adds an extra measure of risk to keep in mind. Also, there is a bearish case of a gap fill at $11.70 and there is a lot of liquidity in the mid 20's. I think this would be the result of a fundamental upset with the permit. Price broke March 31 resistance at $60.94 and looks to be retesting that zone. I will update this idea accordingly. Not financial advice. Happy Trading! OnePath
NASDAQ:PLL
by OnePath
$LPI long (B wave potential here)LPI has experienced an impulsive 25% drop after Chile announces that it will nationalise its country's lithium supply. Private companies will be forced to work with the state to develop the local industry. I have not looked in depth into Chile's lithium industry and the potential long term consequences but the market demonstrated how it felt about the announcement. SQM fell 17% and Albemarle fell 9% (both in the top 5 largest lithium companies in the world). It is no surprise th From a charting perspective, this looks like a clear running flat but could also become an expanding flat down the track. The impulsive C wave down could also be interpreted as the end of a new A- wave. This could mean that there B wave potential here for a swing.
LLong
by Itachi239
Lithium Americas and the Electric Vehicle BandwagonAfter reaching a high of over $41 in 2021, Lithium Americas has languished since, spending much of its time in the $20’s range. This is not surprising, since LAC does not make any money and carries over $230 million in liabilities. However, I believe that LAC share price has the potential to make an exponential run over the next 5 years. The bearish case. Before discussing the potential growth of this stock, it’s important to discuss the bearish scenario and risks for this company. The biggest risk for LAC is the environmental concerns for their Thacker Pass lithium field. Earlier in October, a federal judge delayed a hearing regarding a lawsuit opposing the lithium mine there. The judge set a new court date for January 5, and while it is unlikely to stop the mine, LAC is in the pre-production phase and has no real sustainable income, so any delay affects the cash position of the stock. The cash position of LAC is solid, with around $440 million in cash and a $75 million line of credit and a cash burn rate of around $10 million per quarter, indicating the long-term impact of any delay is minimal. If they need to raise more cash, they may liquidate some assets, this would lower the book value of the stock to below $6. The bullish scenario. There is already an enormous gap between supply and demand for lithium. Analysts forecast the demand for lithium to increase by 1,200% in the next 20 years from the current levels. The green pioneer state of California has already set a roadmap to ban the sale of new gasoline vehicles by 2035. Likely, many more states and countries will follow suit. While there are environmental concerns about the Thacker Pass mine, of which they own 100%, the push for electric vehicles will weigh heavier on the decisions of regulators. This is the largest lithium deposit in North America, so the likelihood the USA Government will leave those reserves untapped is minimal. The company is still moving forward with construction plans for the mine and plans to assist the Shoshone tribe located 40 miles from the mine. Even if there is a delay at their USA mine, they own 44% of the largest brine resource development in South America. This mine is close to completion and they expect to generate between $2.3-$2.5 billion in annual revenue with lithium at its current price range for the next 40 years. If lithium prices continue to rise, then the profit margins will experience exponential growth. Unlike some unprofitable companies, LAC does not carry much debt on its balance sheet. Their current debt is just over $200 million, with many investors choosing equity over debt. With a strong cash position and low debt, they will complete the development of these two mines in a strong financial position. When the Argentinian Cauchari-Olaroz and Thacker Pass mines become fully operational, these two mines will produce a combined 60,000–70,000 tpa. I expect over the next 5 years, even in weak economic conditions, to see LAC market capitalization rise to $30-$40 billion or a stock price of around $200-$250. Lithium powers the electric vehicle bandwagon, and Lithium Americas is poised for exponential growth in the coming years.
NYSE:LACLong
by Lazy_Investing
1
STANDARD LITHIUM LTD -D1-DIAMOND !Looking at the DAILY picture, a "Diamond" pattern is in progress and is currently trying to upside breakout the downtrend resistance line of this bullish pattern. Last but not least, the Kijun-Sen or Base line also coincides with the upside breakout level of this Diamond pattern, which if broken would also give, an additional confirmation signal, calling for further upside. TECHNICAL TARGET OF THIS DIAMOND PATTERN IS @ 9.52 or roughly the Daily top clouds resistance area !!! WEEKLY (W1) Weekly clouds hold and rejected, for the time being,several successive downside breakout ! A weekly closing above $ 7.03 would be very positive and would open the door for higher levels. Next target being @ $ 7.66 ahead of the cluster @ $ 8.83 - $ 9.00 On my own account I would put in place a Risk Reward ratio of 1:3 !!! Ironman8848. & Jean-Pierre Burki
AMEX:SLILong
by Ironman8848
1
Perfect Short OpportunityLooks like we just finished the 9 year uptrend with a 5 wave move and even can see a classic throwover associated with rising wedges. Very nice. I just saw an advertisement for this company funny enough and this looks really overextended. Yes there will be a higher future demand for Lithium but the stock has gotten ahead of itself. This will pullback hard almost without a doubt, and I'm saying we are correcting for the uptrend since 2013 so this is pointing to a deflationary crash actually... once this correction is over though, this stock may be an AMAZING play to go long. The next 10 year bull market will hold explosive upside for this stock once the deflationary correction finishes here.
NYSE:LACShort
by MonetaryRebel
1