Lithium Americas Corp. (NYSE:LAC) saw an 18.78% surge last week, driven by rising lithium prices. Prices jumped 18.45% in November and 0.48% to $93,750 on Friday alone. The optimism was fueled by US government support and ownership of the Thacker Pass mine, a major lithium resource in the US.

Despite widening its net loss by 2,243% to $199.16 million in the third quarter and a 58% increase in operating expenses, Lithium Americas Corp. (NYSE:LAC) remains optimistic about its Thacker Pass mine project. President and CEO Jonathan Evans highlighted progress on construction and workforce growth, with over 700 workers on-site.

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Read more at Yahoo Finance: Lithium Americas (LAC) Soars 18.8% on Higher Lithium Prices