Why Lithium Americas Stock Is Soaring 16%

Shares of profitless, revenue-less lithium miner Lithium Americas (NYSE: LAC) are up a strong 16.1% as of 11:40 a.m. Monday morning. Curiously, there doesn't appear to be any news pertaining to Lithium Americas in particular.

There is, however, a new report out on the state of global lithium supply and demand from mining research and consultancy group Wood Mackenzie.  

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Source Fool.com