US Department of Energy Loaning GM $2.5B for New EV Battery Plants (msn.com)

"In addition to the government loan, GM and LG intend to invest $7 billion into the three new battery plants. Production is set to kick off at the Ohio plant in August. The Tennessee plant is set to follow in late 2023, and Michigan in 2024"

There isn't much question that the pace is picking up regarding new battery plants being established here in the U.S.  Along with these new battery plants there is a concurrent increase in the new EV facilities in the U.S. regarding the number of EVs produced, the growth in EV sales anticipated and the number and location of EV charging facilities in order to support a rapidly growing national network of EV charging locations.

Of course, in the wake of all of these rapidly occuring events there will be an increased demand for lithium to make all of this possible and domestic suppliers will be in a favorable location in order to make it all happen.  This is good news for Thacker Pass and good news for LAC provided that the legal challenges are all successfully bridged and placed in the rear view mirror.

So many reasons are out there for LAC investors to remain very optimistic.  It almost seems like new reasons pop up every day.  And all of that is against the backdrop of anticipation for Judge Du's decision.  It is so much like a made for TV melodrama, but with the proviso that a whole lot more is riding on it than has ever been the case with a make believe soap opera.

Onward through the FOG!

Okiedo