Many lithium related stocks received a boost Wednesday after the US government agreed to acquire a 5% ownership interest in Canada-based Lithium Americas Corp (TSX:LAC, NYSE:LAC). Shares of Lithium Americas climbed 18% to C$9.37 following the announcement.
Speculative stocks occupy a unique place in the market. Companies with solid fundamentals and long track records in resilient industries often dominate investor attention, especially those that consistently return capital through dividends.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) said Wednesday it has cleared key regulatory hurdles for its Angel Island lithium project in Nevada, a step the company says should smooth the path to production. The Vancouver-based company confirmed that Angel Island has been added to the FAST-41 Transparency Dashboard, a U.S.
The Thacker Pass project is among the largest known lithium deposits in the U.S.
U.S. Energy Secretary Chris Wright told Bloomberg TV that the U.S. government will take a 5% stake in the company.
The U.S. Department of Energy will take a 5% stake in Lithium Americas and a separate 5% stake in the company's Thacker Pass lithium mine joint venture with General Motors , according to a source familiar with negotiations.
Shares of Lithium Americas (NYSE:LAC) increased by approximately 20% on Thursday, following an almost 90% surge on Tuesday, spurred by reports that the Trump administration expressed interest in acquiring up to a 10% stake in the company. The Thacker Pass project, one of the largest lithium reserves in North America, is at the forefront of this development.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) announced that Matthew Tompkins, who has served as the company's financial controller since 2022, will assume the role of interim chief financial (CFO) following the resignation of Braam Jonker effective September 30, 2025. The advanced-stage lithium company said Tompkins is a Chartered Professional Accountant with over 10 years of experience in the mining industry.
American Lithium (AMLIF) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Lithium Argentina offers a compelling way to play lithium demand growth, with an active mine and breakeven operations at current depressed prices. The lithium miner targets 400% capacity growth, planning to expand production from 40,000 tpa to over 200,000 tpa via regional expansion and new technology. The stock trades at just 2x sales, making it attractive if lithium prices rebound, though expansion will require financing and carries dilution risk.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) confirmed the closing of its retail share offer, which was oversubscribed and raised £250,000. This is in addition to the £4.7 million raised earlier this month through a placing and broker option.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) has launched a retail offer that aims to raise up to an additional £250,000, to support the company's work in Chile. It follows a successful £4.3 million through the placing and £400,000 was raised via a broker option earlier this month.