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Lithium Americas Corp. has identified the world's third-largest lithium-brine resource. A preliminary economic assessment identifies lithium carbonate operating costs of US$1,434/mt (prior to expected potash by-product credits), suggesting that the company has the potential to become the world's lowest-cost lithium producer. Lithium Americas is working on completing its definitive feasibility study. Mitsubishi Corporation and Magna International are shareholders and have off-take arrangements with the company.