Lithium Americas (Argentina) Corp

LAAC: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 57.00	Pqpfkt	Bvxrmyfp

Lithium: Market Reacts Negatively to Exxon's Plans to Enter Lithium Production

Seth Goldstein

Nov 13, 2023

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.

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