I am questioning any articles reference nc lithium deposits and skulduggery because NC is not the only source of US lithium.
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may have been a pump & dump on Abelmarle stock.($ALB $102.09 today vs. $76.54 on 9/10/24)
there is also a high tech lithium brine extraction project ($SLI) going on in the old smackover oil fields in south arkansas & east texass oil fields with JV partner KOCH industries ($1.61 today vs. $1.10 on 9/10/2024)
+XOM operating in the same area
so, lotta lithium plays in USA
We’re slathered in mineral deposits. MANY of them are off line or out of production specifically from being purchased by foreign competition and shut down or by the dumping of the raw materials at cut rate prices on the market to make American sources uncompetitive.
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But beware.
Lithium Americas Corp (NYSE: "LAC") is a Chinese company.