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Lithium Americas to buy Millennial Lithium in $400M deal

Nov. 17, 2021 12:12 PM ETLithium Americas Corp. (LAC) Stock, LAC:CA StockBy: Carl Surran, SA News Editor32 Comments

Salinas Grandes, Andes, Argentina

xeni4ka/iStock via Getty Images

  • Lithium Americas (NYSE:LAC +3.1%) agrees to acquire Millennial Lithium for ~US$400M in cash and stock.
  • Millennial terminated a previous takeover agreement with Contemporary Amperex Technology Co., and Lithium Americas has paid the related $20M breakup fee.

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