Consolidated Q1 2025 Highlights: Operating profit of $7.7 million increased from $4.8 million in Q1 2024 Income before taxes of $5.1 million decreased 8% from Q1 2024 Net income of $4.9 million increased 7.2% over Q1 2024 Diluted EPS of $0.66 versus $0.61 in Q1 2024 EBITDA of $12.8 million up 14% from Q1 2024 NACCO Industries® today announced the following consolidated results for the three months ended March 31, 2025 [...]
Lithium Americas Corp. today announced the closing of the previously announced $250 million investment from fund entities managed by Orion Resource Partners LP , for the development and construction of Phase 11 of the Thacker Pass lithium project in Humboldt County, Nevada . Contemporaneously, Lithium Americas and General Motors Holdings LLC partners ) announced the final investment decision for Thacker Pass Phase 1 [...]
Lithium Americas Corp. announced that it has filed its Annual Report on Form 10-K, which includes the Company's audited consolidated financial statements for the year ended December 31, 2024, and provided an update on its Thacker Pass lithium project in Humboldt County, Nevada . Jonathan Evans, President and Chief Executive Officer of Lithium Americas said, "2024 was a transformational year in moving Thacker Pass forward [...]
Lithium Americas Corp. announced a strategic investment of $250 million from fund entities managed by Orion Resource Partners LP , a leading global investment firm dedicated to metals and materials, which is expected to achieve fully funded status at the project and corporate level for the development and construction of Phase 11 of the Thacker Pass lithium project in Humboldt County, Nevada for the duration of [...]
Consolidated Highlights: Q4 2024 operating profit of $3.9 million and net income of $7.6 million versus significant prior year losses Q4 2024 Adjusted EBITDA increased to $9.0 million, up 26.8% from Q4 2023 FY 2024 consolidated net income increased to $33.7 million, or $4.55/share, versus a 2023 net loss of $39.6 million, or $5.29/share FY 2024 Adjusted EBITDA increased to $59.4 million, up 116% from 2023 primarily due to [...]
Lithium Americas Corp. today announced the appointment of Luke Colton as Executive Vice President and Chief Financial Officer , effective Wednesday, January 29, 2025. "The success of our team is having the right people in the right roles at the right time," said Jonathan Evans, President and CEO. "Luke's previous experience developing large-scale capital projects, as well as working with joint venture partners, will be [...]
Lithium Americas Corp. announced an increased mineral resource and mineral reserve estimate for the Thacker Pass lithium project in Humboldt County, Nevada , including the release of an independent National Instrument 43-101 technical report entitled "NI 43-101 Technical Report on the Thacker Pass Project Humboldt County, Nevada, USA," and an independent S-K 1300 technical report entitled "S-K 1300 Technical Report on the [...]
Lithium Americas Corp. today announced the closing of its previously announced joint venture with General Motors Holdings LLC to fund, develop, construct and operate Thacker Pass in Humboldt County, Nevada to supply battery-quality lithium carbonate for the North American critical minerals supply chain . Lithium Americas now holds a 62% interest in Thacker Pass and will manage the Project. GM has acquired a 38% interest [...]
Lithium Americas Corp. has reported its financial and operating results for the nine months ended September 30, 2024 and has filed its condensed consolidated interim financial statements and management's discussion and analysis . Jonathan Evans, President and Chief Executive Officer of Lithium Americas said, "This past year has been pivotal in moving Thacker Pass forward toward production, including entering into a new [...]
Consolidated Q3 2024 Highlights: Operating profit of $19.7 million compared with Q3 2023 $6.3 million operating loss Q3 2024 includes $13.6 million of business interruption insurance income Net income of $15.6 million versus Q3 2023 net loss of $3.8 million NACCO Industries® today announced the following consolidated results for the three months ended September 30, 2024. Comparisons in this news release are to the three [...]
TORONTO, Oct. 29, 2024 /CNW/ - Trading resumes in: Company: Lithium Americas Corp. TSX Symbol: LAC All Issues: No Resumption : 10:21:25 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
TORONTO, Oct. 29, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Lithium Americas Corp. TSX Symbol: LAC All Issues: No Reason: Single Stock Circuit Breaker Halt Time : 10:16:25 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]