This week, we're diving into the world of critical minerals and analyzing two mining stocks that have recently secured direct backing from the US government, highlighting a major trend in resource investing.
Jon Brown looks at Lithium Americas (TSX: LAC), which just finalized a massive $2.2 billion loan from the US Department of Energy for its Thacker Pass lithium project, giving the US government a direct equity stake in the company. Then, Trevor Abes profiles Trilogy Metals (TSX: TMQ), a copper and cobalt developer in Alaska whose stock tripled after the US Department of War took a 10% stake to help expedite permitting and construction for its vital projects.
Lithium Americas Corp. (TSX: LAC): A leading lithium developer advancing one of North America's largest lithium resources (Thacker Pass) with significant financial backing and an equity stake from the US Department of Energy.Trilogy Metals Inc. (TSX: TMQ): An exploration and development company focused on high-grade copper, cobalt, and other base/precious metals in Alaska, with direct project support and an equity stake from the US Department of War.Government investment as a catalyst for mining stocks.The strategic importance of critical minerals (lithium, copper, cobalt).US Department of Energy (DOE) loans and equity stakes.The role of the US Department of War in resource development.North American energy independence and securing domestic supply chains.Analyzing high-grade base and precious metal deposits.Further Reading & Resources:
Lithium Americas finalizes DOE loan to advance Thacker Pass projectUS Government takes stake in Trilogy MetalsThis week’s picks: TSX/NYSE:LAC | TSX/NYSEAM:TMQFollow on PodbeanFollow on SpotifyFollow on Apple PodcastsDisclaimer: The material provided in this podcast is for information only and should not be treated as investment advice. For full disclaimer information, please visit themarketonline.ca/disclaimer.