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Lithium Americas (Argentina) Corp. (LAAC) Q3 2024 Earnings Call Transcript

  • Lithium Americas (Argentina) Corp. (NYSE:LAAC ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Kelly O'Brien - VP, IR & ESG Sam Pigott - President & CEO, Lithium Argentina Alex Shulga - VP & CFO Conference Call Participants Apurva Kilambi - Scotiabank Corinne Blanchard - Deutsche Bank Joel Jackson - BMO Capital Markets David Deckelbaum - TD Cowen Seth Goldstein - Morningstar Mohamed Sidibe - National Bank Financial Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I will be your conference operator today.
    11/06/2024

Lithium Argentina Reports Third Quarter 2024 Results

  • VANCOUVER, British Columbia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), today announced its third quarter results. “During the quarter, we were pleased to close the Pastos Grandes transaction with our strategic partner, Ganfeng,” commented Sam Pigott, President and CEO.
    11/05/2024
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Lithium Americas (Argentina) Corp. (LAAC) can sell. Click on Rating Page for detail.

The price of Lithium Americas (Argentina) Corp. (LAAC) is 3.2175 and it was updated on 2024-11-12 11:00:33.

Currently Lithium Americas (Argentina) Corp. (LAAC) is in undervalued.

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Lithium Miners News For The Month Of October 2024

  • Lithium prices were flat the past month. Lithium market news - The US government is reportedly examining price support mechanisms for domestic critical mineral projects. BloombergNEF forecasts lithium deficits may begin in 2025. Lithium company news - Arcadium Lithium confirms takeover offer from Rio Tinto. Bikita Minerals has shut down one of its production plants, citing weak global prices.
    Fri, Oct. 25, 2024

Lithium Americas Argentina: Our Largest And Most Bullish Holding

  • Lithium Americas Argentina is significantly undervalued, with potential valuations of $1.9 billion to $2.3 billion based on peer buyout comparisons and future LCE production. LAAC's production is expected to reach 17,920 tons LCE by 2025, with future potential of 91,000 tons LCE by 2030. LAAC's development possibilities include expanding Cauchari-Olaroz and initiating projects at Pastos Grandes and Sal de la Puna, with full production by 2030.
    Tue, Oct. 22, 2024

Top 5 Beaten Down Lithium Companies To Buy Now

  • Lithium prices have likely bottomed, with improvements expected in 2025/2026 and potential deficits in 2027-2029, signaling a potential market recovery. Top lithium stocks to buy now include Albemarle, Sociedad Química y Minera, Lithium Americas Argentina, Chengxin Lithium Group, and Galan Lithium. Galan Lithium is a higher-risk/higher-reward junior on track to be a potential H2, 2025 low cost LiCl producer in Argentina.
    Thu, Oct. 17, 2024

Lithium Argentina to Release Third Quarter 2024 Results on November 5, 2024

  • VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) will release its third quarter 2024 earnings results after market close on Tuesday, November 5, 2024. The Company will hold a webcast and conference call to discuss its third quarter 2024 results on Wednesday, November 6, 2024 at 10:00 a.m.
    Wed, Oct. 16, 2024

Lithium Americas (Argentina): Significant Upside Potential Backed By Quality Assets

  • Lithium Americas (Argentina) Corp. is significantly undervalued with a strong buy rating and a 36-month investment horizon due to its high-quality assets and potential lithium price recovery. LAAC's Caucharí-Olaroz project has a 40-year mine life, with a base-case NPV of $876 million, indicating substantial upside potential from current valuations. Production from Caucharí-Olaroz is ramping up, with expected robust cash flows even at conservative lithium price estimates, supporting strong future financial performance.
    Thu, Sep. 12, 2024
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Lithium Argentina Closes Pastos Grandes Transaction with Ganfeng Lithium

  • VANCOUVER, British Columbia, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX/NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce the completion of the previously announced agreement (the “Transaction”) with a subsidiary of Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”,) whereby Ganfeng Lithium acquired $70 million in newly issued shares of Proyecto Pastos Grandes S.A. (“PGCo”), the Company's wholly-owned Argentinian subsidiary holding the Pastos Grandes project (“Pastos Grandes”) in Salta, Argentina, representing a 14.9% interest in PGCo and Pastos Grandes.
  • 08/16/2024

Lithium Argentina Reports Second Quarter 2024 Results

  • VANCOUVER, British Columbia, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), today announced second quarter results.
  • 08/13/2024

The 7 Best Under $10 Stocks to Buy in August 2024

  • To understand the allure of buying the best stocks under $10, it's a good idea to go back to basics. A stock's price reflects how much you pay for one dollar of a company's earnings.
  • 08/11/2024

7 Contrarian Plays That Wall Street Is Ignoring: July 2024

  • With the recent stock market pullback, you may be taking a look at potential bargains among widely-followed stocks. However, instead of “buying the dip” in what's popular, you may want to take a look at the deep value opportunities among contrarian stocks instead.
  • 07/29/2024

Lithium Americas (Argentina): A Winner Even With Low Lithium Prices

  • Many lithium companies have gotten hammered as underlying commodity prices have come down, presenting investors in LAAC an opportunity to acquire two world-class assets at a steep discount. With poor market sentiment, investments into lithium projects have ground to a halt, allowing the industry to gradually shift toward an undersupply and positioning prices for recovery. Even in this “weaker” lithium market, LAAC is well-positioned to generate significant profitability given its position at the bottom end of the production cost curve.
  • 07/19/2024

Lithium Argentina to Release Second Quarter 2024 Results on August 13, 2024

  • VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) will release its second quarter 2024 earnings results after market close on Tuesday, August 13, 2024. The Company will hold a webcast and conference call to discuss its second quarter 2024 results on Wednesday, August 14, 2024 at 10:00 a.m.
  • 07/17/2024

The 3 Most Undervalued Lithium Stocks to Buy in July 2024

  • Lithium carbonate is the essential rare earth mineral that technology companies and automakers alike leverage to develop batteries. The major tailwind that pushed lithium prices to all-time highs in 2022 was a surge in demand for electric vehicles (EVs) as well as intense competition in that space.
  • 07/09/2024

Lithium Argentina Reports 2024 Annual General and Special Meeting Results

  • VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce the results from its annual general and special meeting held on June 20, 2024 (the “Meeting”).
  • 06/20/2024

Lithium Argentina Publishes 2023 Sustainability Report

  • VANCOUVER, British Columbia, June 19, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) announces the release of its 2023 Sustainability Report, “Enabling a Clean Energy Transition with Responsible Lithium” (the “Sustainability Report”). The Sustainability Report highlights the Company's overall Environmental, Social and Governance (“ESG”) progress from January 1, 2023- December 31, 2023 (the “Reporting Period”) and reflects its commitment to creating sustainable value by being a safe, environmentally responsible and inclusive lithium company.
  • 06/19/2024

Lithium Argentina: A Progress Report And Insider Buying

  • Ganfeng invests $70 million in the south Pastos Grandes project, gaining 14.8% ownership. Lithium Argentina's Cauchari-Olaroz project shows progress with improving lithium purity and an increase in lithium production. The long-term goal for Cauchari-Olaroz project is over 60,000 tonnes of battery grade lithium produced annually. Combine that with the southern projects and we should see much larger long-term output.
  • 06/13/2024

3 EV Battery Stocks to Buy for China's Battery Push

  • During 2024, commodities have outperformed equities by a slight margin. Case in point, the WisdomTree Enhanced Commodity Strategy Fund (NYSE: GCC ) is up 12.7%.
  • 06/12/2024

3 Stocks to Buy After the Trump-Musk Palm Beach Breakfast Meeting

  • Are two of the Internet's most maligned men, former President Donald Trump and industrial powerhouse Elon Musk, joining forces? It seems that way, which creates a unique opportunity for those looking for stocks to buy ahead of the election.
  • 06/12/2024

Lithium Americas (Argentina): A Speculative Bet On A Pure-Play Lithium Stock

  • Lithium Americas (Argentina) Corp. is a potential investment opportunity due to its exposure to the lithium industry and its ambitious growth plans. The company's Caucharí-Olaroz project in Argentina has the potential to become a low-cost supplier of lithium carbonate. Lithium Americas (Argentina) has a strategic partnership with Ganfeng Lithium, which could provide synergies and value-capture opportunities.
  • 06/11/2024

Institutional Bets: 7 Stocks the Big Money Will Send Higher This Year

  • Institutional investors represent the so-called big money that wields significant influence over the stock market. That influence manifests in many ways.
  • 05/30/2024

Lithium Americas (Argentina) Corp. (LAAC) Q1 2024 Earnings Call Transcript

  • Lithium Americas (Argentina) Corp. (NYSE:LAAC ) Q1 2024 Earnings Conference Call May 14, 2024 10:00 AM ET Company Participants Kelly O'Brien - Vice President, Investor Relations and ESG Sam Pigott - President and CEO, Lithium Argentina Alex Shulga - Vice President and CFO Conference Call Participants Apurva Kilambi - Scotiabank David Deckelbaum - TD Cowen Joel Jackson - BMO Capital Markets Katie Lachapelle - Canaccord Genuity Noel Parks - Tuohy Brothers Mac Whale - Cormark Securities Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today.
  • 05/15/2024

Lithium Argentina Reports First Quarter 2024 Results

  • VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), today announced first quarter results. Highlights Operational Highlights During the three months ended March 31, 2024, Caucharí-Olaroz produced approximately 4,500 tonnes of lithium carbonate.
  • 05/13/2024

3 Stocks Positioned to Capitalize on California's Battery Industry Surge

  • Battery stocks may be resurgent, even as flagging electric vehicle (EV) sales and similar skepticism have suppressed the wider sector. Increased regulatory refinement and the still-emergent GreenTech revolution increase battery stock picks in the coming months.
  • 05/07/2024

7 Timeless Value Stocks to Build Wealth Like Warren Buffett

  • Finding value stocks to buy — especially if you're trying to emulate Warren Buffett — isn't nearly as easy as copying trades from Berkshire Hathaway (NYSE: BRK-A , NYSE: BRK-B ). Something many amateur Buffett aficionados overlook is that, when it comes to finding value stocks to buy, Warren Buffett's choices are surprisingly slim.
  • 05/07/2024

3 Lithium Stocks With the Potential to Make You an Overnight Millionaire

  • Lithium stocks once captured the attention of investors globally as the demand for lithium-ion batteries soared, driven by the burgeoning electric vehicle market and renewable energy sector. A primary component in rechargeable battery production in electric cars, portable electronics and energy storage solutions, lithium is sometimes called “white gold.
  • 05/03/2024

7 Penny Stocks That Could Make You a Fortune (If You Dare)

  • Penny stocks are on the riskier end of the public equity spectrum. They are characterized by their low volume, affordable pricing, and the rapid pace at which their values can surge or plummet compared to more traditional stocks.
  • 05/01/2024

Lithium Argentina to Release First Quarter 2024 Results on May 13, 2024

  • VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) will release its first quarter 2024 earnings results after market close on Monday, May 13, 2024. The Company will hold a webcast and conference call to discuss its first quarter 2024 results on Tuesday, May 14, at 10:00 a.m.
  • 04/22/2024

Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?

  • The electric vehicle (EV) trend brought the spotlight on the demand for lithium used in EV batteries. The fear of a dwindling supply of lithium and growing demand for it caused lithium carbonate prices to surge as high as $81,360 per tonne in November 2022.
  • 04/22/2024

The 7 Most Undervalued Stocks Under $20 to Buy in April 2024

  • Twenty dollars doesn't stretch very far today—except when investing in these most undervalued stocks under $20 to buy in April. While inflation growth may be on the decline, the current cost of goods and services is still significantly higher than it was just two years ago.
  • 04/03/2024

Lithium Americas (Argentina) Corp. (LAAC) Q4 2023 Earnings Call Transcript

  • Lithium Americas (Argentina) Corp. (LAAC) Q4 2023 Earnings Call Transcript
  • 03/22/2024

Lithium Argentina Reports Fourth Quarter and Full Year 2023 Results

  • VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), formerly Lithium Americas Corp. (“Lithium Americas” or “LAC”), today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. Highlights On March 18, 2024, Sam Pigott commenced as President and CEO of the Company.
  • 03/20/2024

Lithium Argentina Announces Appointment of Two New Board Members

  • VANCOUVER, British Columbia, March 19, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) announces the appointment of Monica Moretto as an independent member of its board of directors who will join effective immediately along with Sam Pigott who was recently appointed as President and Chief Executive Officer. The Board now counts eight members, five of whom are independent.
  • 03/19/2024

Top 10 Lithium Companies To Consider

  • China lithium carbonate spot prices appear to have reached their lowest point. CITIC Futures predicts that China lithium carbonate prices will average CNY 100,000 in 2024. Many lithium stocks are currently trading near their 52-week lows, presenting potential buying opportunities.
  • 03/15/2024

Lithium Argentina Announces Ganfeng Lithium Agrees to Acquire Interest in Pastos Grandes for $70M

  • VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX/NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce it and certain of its subsidiaries have executed a definitive agreement (the “Transaction”) with a subsidiary of Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”,) whereby Ganfeng Lithium agrees to acquire $70 million in newly issued shares of Proyecto Pastos Grandes S.A.
  • 03/05/2024

The Top 7 Small-Cap Stocks to Buy in March 2024

  • Small-cap stocks haven't quite caught up to wider investor sentiment, but that trend is set to change. While large- and mega-caps like those within the S&P 500 survived and, in many cases, thrived, over the past year, small-cap indices like the S&P 600 underperformed — 26%+ and 5.5%, respectively.
  • 03/04/2024

3 Stocks Under $10 With Triple-Digit Upside Potential

  • Stocks under $10 tend to fall within one of three camps: a small-cap value play unlikely to expand much further, a pre-revenue or unprofitable company set to explode in the future or a small-cap stock either on the decline from past highs or destined for the dustbin. That's why picking solid stocks under $10 is a tricky proposition.
  • 02/29/2024

Lithium Miners News For The Month Of February 2024

  • Lithium carbonate spot prices were generally flat the past month. Lithium market news - Fastmarkets forecast a tentatively balanced lithium market in 2024. US moves to restore stockpiling ‘panic button' in EV metals fight with China. Lithium company news - Albemarle plans to reduce capital expenditures, costs to unlock >US$750M of cash flow. Tianqi Lithium issues large negative profit warning.
  • 02/25/2024

Elon Musk Is Betting On Lithium And I Am Too With Lithium Argentina

  • Elon Musk Is Betting On Lithium And I Am Too With Lithium Argentina
  • 02/16/2024

Why Lithium Stocks Are Plunging Like Niagara

  • The bottom has fallen out of the support once afforded to lithium production companies. The fear of fewer electric vehicle sales due to recent issues may contribute to the decline in lithium stocks. When does the lithium decline find a recovery point?  Most analysts see it not happening until 2025 or later.
  • 01/21/2024

Top 10 Lithium Companies To Consider As We Potentially Approach A Lithium Price Bottom

  • The China lithium carbonate spot prices look to be approaching a bottom after falling 80% from its high. Several higher cost lithium mines are shutting down or reducing production. This typically leads to less supply, price stabilization and potentially some price recovery as demand grows. Consider buying quality lithium stocks as many are near their 52-week lows and well below analyst's price targets as summarized in the article.
  • 01/16/2024

Lithium Americas (Argentina): This Low-Cost Producer Is On Sale

  • Lithium Argentina is a pure-play lithium business. The Cauchari-Olaroz project is the flagship project of Lithium Argentina, producing lithium carbonate for EV batteries. As a low-cost producer they will be able to survive the downturns and profit in the upturns.
  • 01/15/2024

Lithium Miners News For The Month Of December 2023

  • Lithium chemical spot prices and spodumene prices were lower the past month and are now below the marginal cost of production. Lithium market news - China Futures Co. analyst, Zhang Weixin, forecasts lithium carbonate to bottom out between CNY80-90,000/t. Milei looks to cut costs for Argentina's miners in broader deregulation push. Lithium company news - SQM and Hancock enter into implementation deed with Azure Minerals. Livent and Allkem shareholders approve merger of equals, new company name to be Arcadium Lithium.
  • 12/24/2023

Lithium Americas (LAAC) Upgraded to Buy: Here's What You Should Know

  • Lithium Americas (LAAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
  • 12/14/2023

Lithium Miners News For The Month Of November 2023

  • Lithium chemical spot prices and spodumene prices were significantly lower the past month. Lithium market news - Australia's largest lithium mine flags output cut on weak China demand. SQM announces acquisition offer for Azure Minerals for ~US$900m. Lithium company news - Allkem and Livent receive all required regulatory approvals globally to close merger of equals. Sayona Mining announces new high-grade zones encountered in NAL drilling.
  • 11/27/2023

Lithium Americas (Argentina): A Better Bet Than Lithium Americas Post-Split

  • Lithium Americas (Argentina) is ramping up production and reported positive earnings in its first quarterly report since the split, boosting its future outlook. The company has nearly completed capital spending on its Caucharí-Olaroz project and is expected to reach full production capacity next year. While there are political and geopolitical risks in Argentina, Lithium Americas (Argentina) has a steady revenue stream starting next year and can partially finance capital costs internally.
  • 11/16/2023

3 lithium stocks at rock bottom prices for EV believers

  • Lithium is the key element required for electric vehicle (EV) batteries. As demand for EVs grows, so does the need for battery-grade lithium.
  • 11/07/2023
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