GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Dividend-Payout-to-FFO

Lithium Americas (TSX:LAC) Dividend-Payout-to-FFO


View and export this data going back to 2023. Start your Free Trial

What is Lithium Americas Dividend-Payout-to-FFO?

Dividend-Payout-to-FFO only applies to REITs.


Lithium Americas Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3260, Vancouver, BC, CAN, V6C 2X8
Lithium Americas is a pure-play lithium producer. The firm owns 62% of one resource, Thacker Pass, that is located in northwest Nevada, with automaker General Motors owning the remaining 38%. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.