Why Lithium Americas Corp. (LAC) Stock Fell 12.7% on Nov 11, 2026
as of yesterday, 4:30 PM ET
The reason we found
Thacker Pass Cost Increase Sends Lithium Americas Shares Lower
Lithium Americas raised Thacker Pass Phase 1’s estimated capital cost to $3.83 billion, increasing the funding burden and potentially pressuring future returns. The update also targets late-2027 mechanical completion and 2028 commercial production, reinforcing concerns about substantial investment before revenue generation.
higher project costshigh confidence
Sources 3
- Lithium Americas Raises Thacker Pass Phase 1 Capital Cost Estimate to $3.83 Billioninvestorshub.advfn.com
- Lithium Americas Issues Thacker Pass Lithium Project Update; Phase 1 Completion Targeted For Late 2027, Targets 40,000 Tonnes Annual Lithium Carbonate Outputfinnhub.io
- Lithium Americas: Q3 Earnings Snapshotfinnhub.io
Our call
Sell somedated Nov 11, 2026
Lithium Americas fell 15% over the past five trading days while other materials stocks barely moved, and analysts expect profit to fall 86% next year. We'd look again if the Nov 12 report beats profit forecasts.
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