Formerly knowns as Western Lithium , this outfit has been working Chile ’ s Cauchari-Olaroz resource in conjunction with SQM . Earlier this year , Americas also entered into a development agreement with Ganfeng Lithium that will invest $ 174m into Cauchari-Olaroz . Although Lithium Americas gave up 19 % of its portfolio in the deal , the arrangement is likely to propel the mining company

into the big time . The deposit has been said to potentially hold the majority of the world ’ s known lithium and the outfit expects to pull 50,000 tonnes per annum . Lithium Americas also has interests in Nevada , USA . The operation ’ s stock has trended upward from $. 20 in 2012 to $. 87 in 2017 . However , Lithium Americas has suffered a modest slide since February .

China ’ s number two lithium producer is headquartered in Xinyu and has been on a global move to acquire stakes in growing operations such as International Lithium and Australia ’ s Reed Industrial Minerals . An international dealmaker , Jiangxi threw in with Albemarle and SQM to expand and identify Argentinian resources . Jiangxi has enjoyed marked success in recent years . For instance , as a 43.1 % stake holder in Australia ’ s Mt . Marion lithium mine , the operation ramped up production by 160 percent in 2016 , topping out at 60.5m tonnes of lithium . Its fiveyear stock ascension continues to look strong for long-term investors .

24 August 2017