Lithium Americas (Argentina) Corp
LAAC: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 56.00 | Kvyjw | Lwzswxm |
Lithium: Market Reacts Negatively to Exxon's Plans to Enter Lithium Production
Lithium producer stocks fell on ExxonMobil's announcement that the company is planning to enter the lithium production industry through the development of a lithium project in the U.S. state of Arkansas. While Exxon provided little details on its plans, the company said it aims to begin lithium production in 2027 and produce around 100,000 tons per year by 2030.