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Lithium Americas (Argentina) Corp. ( (LAAC) ) just unveiled an announcement.
Lithium Americas (Argentina) Corp. has received shareholder approval to relocate its corporate headquarters from Canada to Switzerland, with an overwhelming 99.23% of voting shareholders in favor. This strategic move aims to enhance the company’s financial and strategic flexibility, positioning it more robustly in the electromobility supply chain. The transition is expected to be completed by January 23, 2025, pending customary approvals, and highlights the company’s commitment to strengthening its Argentine operations and expanding its role in the lithium industry.
More about Lithium Americas (Argentina) Corp.
Lithium Americas (Argentina) Corp. is a producer of lithium carbonate primarily used in lithium-ion batteries and electric vehicles. The company operates the Caucharí-Olaroz lithium brine operation in Argentina in partnership with Ganfeng Lithium Co., Ltd, and is advancing the development of additional lithium resources in the region. It trades on the TSX and NYSE.
Current Market Cap: $481.2M
For a thorough assessment of LAAC stock, go to TipRanks’ Stock Analysis page.