Trump Delays Tariffs on Critical Minerals, Seeks International Supply Agreements
Written by Emily J. Thompson, Senior Investment Analyst
Source: seekingalpha
- International Cooperation Initiative: Trump has directed the U.S. Trade Representative to negotiate agreements with international partners regarding critical mineral imports, aiming to address national security threats and indicating a strategic shift in the U.S. global mineral supply chain.
- Price Floor Exploration: The negotiations will explore price floors for critical minerals, a long-standing goal that reflects a shift in Western mining policies, potentially impacting global mineral market pricing mechanisms.
- Reducing Dependence on China: The U.S. aims to lessen its reliance on China for minerals by collaborating with countries like Australia, which is positioning itself as a viable alternative supplier, particularly in the rare earth sector, enhancing its global market standing.
- Investment and Acquisitions: The Trump administration has invested over $1 billion in several critical minerals companies over the past year to weaken China's dominance in raw materials, demonstrating a long-term strategic focus on mineral security in the U.S.
Analyst Views on LAC
Wall Street analysts forecast LAC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LAC is 5.83 USD with a low forecast of 4.62 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
2 Buy
5 Hold
1 Sell
Hold
Current: 5.840
Low
4.62
Averages
5.83
High
8.00
Current: 5.840
Low
4.62
Averages
5.83
High
8.00
About LAC
Lithium Americas Corp. is a Canada-based lithium company. The Company focused on developing, building, and operating lithium deposits and chemical processing facilities. The Company’s flagship asset is Thacker Pass, a sedimentary-based lithium deposit located in the McDermitt Caldera in Humboldt County, in northern Nevada. The Company is focused on developing the 100%-owned Thacker Pass lithium project in northern Nevada, the United States of America. Thacker Pass is approximately 100 kilometers (km) north-northwest of Winnemucca, Nevada, approximately 33 km west-northwest of Orovada, Nevada, and 33 km due south of the Oregon border. The Thacker Pass area encompasses approximately 7,900 hectares (ha) and lies within and is surrounded by public lands. The Company's subsidiaries are LAC Management LLC, Lithium Nevada Ventures LLC, KV Project LLC and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
