Lithium Americas (TSX:LAC) Inventories, Work In Process : C$0.00 Mil (As of Dec. 2024)

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What is Lithium Americas Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Lithium Americas's work in process for the quarter that ended in Dec. 2024 was C$0.00 Mil.

Lithium Americas Inventories, Work In Process Historical Data

The historical data trend for Lithium Americas's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lithium Americas Inventories, Work In Process Chart

Lithium Americas Annual Data

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Inventories, Work In Process

Lithium Americas Quarterly Data
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Lithium Americas Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Lithium Americas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

LAC:USA WUC:Germany

Address

666 Burrard Street, Suite 3260, Vancouver, BC, CAN, V6C 2X8

Website

https://www.lithiumamericas.com

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.