Jun. 2 at 3:23 PM
$LAC $LAR Lithium is an AI story. Data centers cannot afford a single second of downtime. The IEA projects data center electricity demand will more than double by 2030 -> from 415 terawatt-hours to 945 terawatt-hours -> almost entirely driven by AI. Every new hyperscale facility being built right now runs on lithium battery storage systems. Lithium is faster to charge, lasts longer, takes up less space, and handles the burst power demands of AI workloads better than anything else on the market. The AI data center buildout is a direct lithium demand driver that almost nobody is talking about.
LAC controls the largest measured lithium reserve in the Western Hemisphere. Engineering 93% complete. Nearly
$1 billion has already been deployed in construction toward a
$2.93 billion total build. Steel and concrete in the Nevada desert right now. Wedbush has an
$8 price target. Scotiabank at
$7.
The stock is still under
$6.
Watch the video: https://x.com/silberschmelzer/status/2061642846877139321
