trident royalties plc said friday that the latest update from lithium americas corpwhich doubled the lithium resource estimate for nevadas thacker pass lithium projecthad a very positive read through for its potential future earnings from this project the londonlisted mining royalty and streaming company said that under the revised production profile targets announced by lac phase 1 royalty revenue attributable to trident would increase to over 5 million a year from around 38 million with phase 2 royalties rising to over 10 million a year from approximately 76 million the company said the price of lithium carbonate equivalent has more than doubled over the course of the year and that it currently stands at over 25000 per metric ton trident royalties holds a 60 interest in a gross revenue royalty over the entirety of the thacker pass lithium project the largest lithium reserve in the us it said shares at 0810 gmt were up 1 pence or 31 at 33 pence