Out Fox The $treet

Update - Mar.  1 No huge surprise, Lithium Americas  starts construction at Thacker Pass, though it ironically happens the day after T esla  talks about stripping out rare minerals from EV production. Buy any weakness caused by Musk and Tesla.  -Lithium Americas (NYSE:LAC) said Thursday it has started construction at its Thacker Pass lithium project in Nevada, following the receipt of notice to proceed from the U.S. Bureau of Land Management. -The announcement follows the 9th U.S. Circuit Court of Appeals' denial of a request by environmental groups for an emergency injunction that would have stopped work on the project. -The court order did not impose any restrictions expected to impact the construction timeline, the company said. Update - Dec. 22 Lithium Americas testing the $20 lows with this brutal market and concerns about EV demand.  Update - Dec. 20 In no surprise, Lithium Americas agreed to acquire the remaining interest in Arena Mine...

Updated - Jan. 6 People not buying FCX  the last couple of months missed out big time. The copper miner appears headed to $50 and even $60.  Freeport McMoran ( NYSE: FCX )  +6%  in Friday's trading, placing it near the top of the day's S&P 500 leaderboard and capping an 11% gain for the week, as copper prices rise on hopes that China's efforts to  boost its economy  will improve demand for metals . Comex copper for March ( HG1:COM ) delivery recently  +2.5%  to $3.917/lb, while the most-traded February copper contract on the Shanghai Futures Exchange ended  +1.5%  to 65,060 yuan/metric ton ($9,460). Original article posted on Dec. 18 Green energy demand will continue to push copper prices higher over the next decade. Freeport-McMoRan is already highly profitable at current copper prices and the path appears for record prices above $5/lb in the years ahead. The copper miner could produce $12+ billion in EBITDA. The stock is cheap at o...

As copper prices rebound, Freeport-McMoRan (FCX) will soar back to previous highs. The stock hit near $20 last year as copper prices headed to the mid-$3 range before the Chinese trade war hit demand.