Lithium Americas increases Nevada lithium project construction cost estimate by approximately $900 million
LAC Lithium Americas Corp (NewCo)
$1.65 -12.70%
View chart & analysis → - 1Lithium Americas has increased its construction cost estimate for its core lithium project in Nevada by nearly $900 million.
- 2Lithium Americas raised its FY 2026 capital expenditure guideline from $1.7 billion to $2 billion.
- 3Wall Street expects an estimated loss per share of $0.03 for LAC in the third quarter.
So what's the key point?
Lithium Americas has decided to spend an additional $900 million to build its Nevada project. Experts expect the company to see a loss of $0.03 per share this quarter.
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