Lithium Americas Announces Temporary Suspension of Construction in Argentina Following Government Restrictions
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: GlobeNewswire
VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") today announced that construction activities at the Cauchari-Olaroz lithium project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina, are temporarily suspended, in accordance with government-mandated restrictions in response to COVID-19. On March 19, 2020, the government of Argentina enacted the Urgency Decree (DNU) #297/20 ordering, among other provisions, a national mandatory quarantine effective from March 20, 2020 until March 31, 2020. Accordingly, development work at Caucharí-Olaroz will be suspended immediately and the Project will be placed on care and maintenance. COVID-19 medical safety procedures have been implemented at site and at the Jujuy office and no employees are currently identified as infected with the COVID-19 virus. Jon Evans, Lithium Americas’ President and CEO, said. "Our focus is on the safety and he
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- While institutions own 17% of Lithium Americas (Argentina) Corp. (TSE:LAAC), individual investors are its largest shareholders with 47% ownership [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target lowered by analysts at HSBC Holdings plc from $6.50 to $5.10. They now have a "hold" rating on the stock.MarketBeat
LAC
Earnings
- 8/9/23 - Beat
LAC
Sec Filings
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/19/24 - Form 6-K
- LAC's page on the SEC website