Lithium Americas Stock Jumped While Lithium Peers Fell — The Thacker Pass Bet Behind It
Lithium Americas jumped 5.8% to $5.51 as investors focused on its Thacker Pass project, bucking declines in Albemarle, SQM, and the lithium ETF. Construction at Thacker Pass is “accelerating,” with over 1,300 workers on site and $1.2 billion in cash. GM owns 38% of the joint venture. Risks include $80–$120 million in potential tariffs and a $250 million share-sale program. Analyst consensus remains “hold” with a $5.34 target.