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Barchart
Barchart
Wajeeh Khan

LAC Stock Doubles as Trump Seeks Stake in Lithium Americas. Options Data Tells Us It Could Be Headed Here Next.

LAC Lithium Americas lithium United States Donald Trump Barchart Mining

Lithium Americas (LAC) shares are up more than 12% in morning trading Thursday following reports that President Donald Trump is seeking an equity stake in the Vancouver-headquartered mining firm. LAC stock closed up 95.8% higher on Wednesday. 

The news arrives at a time when LAC is renegotiating a $2.2 billion loan for its Thacker Pass mine.

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