LAC - Lithium Americas Corp.

The US government took a 5% stake in September 2025. They are building the Thacker Pass lithium mine in Nevada, with commercial production expected in 2028. The creator holds a position and plans to average in if it dips, viewing lithium as a strategic resource both the US and China are trying to lock down.

Positioned to benefit from Project Vault's focus on battery metals. The Department of Energy holds a 5% stake, signaling government confidence and alignment with the initiative.

Host highlights Lithium Americas as a beneficiary of the critical mineral push, noting the Department of Energy already holds a 5% stake in the company, signaling government confidence. Lithium is essential for batteries and EVs, and domestic production aligns with Project Vault's mission.

The Department of Energy holds a 5% stake in the company. Their Thacker Pass lithium project in Nevada is one of the largest in the country, making it an obvious play for lithium reserves targeted by Project Vault.

US government equity stake; EV and battery materials play aligned with critical minerals thesis

Listed as receiving a 5% stake plus 5% in Thacker Pass mine (largest lithium operation in Western Hemisphere) as part of restructuring a $2.26B DOE loan. Presented as part of the successful pattern of government-backed deals.

A viewer asked about LAC, noting lithium may be joining the metals bull market. Joe didn't give a direct opinion on LAC specifically but acknowledged the lithium discussion.

LAC is identified as a turnaround play after a big dip and meme-stock run. The stock has tightened up near $5.70 resistance, showed a breakout move, and is showing supply absorption with buyers coming in. Ross enters at market (~$5.87) with a stop at $5.30 for ~10% risk.

Technical support at $4.35, resistance at $5.60; fundamentals unknown. No clear buy or sell signal.

Host mentions the US is buying direct stakes in Lithium Americas as part of resource warfare strategy. Lithium is framed as 'the new oil' critical for AI infrastructure, EVs, and energy storage.