Lithium Americas Reaches Agreement with GM and U.S. DOE Regarding First Draw on DOE Loan

U.S. takes equity stake in another company: Lithium Americas

The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada. The Department of Energy will take a 5% equity stake in the miner, which is based in Vancouver. It will also take a 5% stake in the Thacker Pass lithium mining project, a joint venture with General Motors. Thacker Pass is considered crucial in reducing U.S. reliance on China for lithium, a …

Why Standard Lithium Stock Is On Fire Today @themotleyfool #stocks $SLI $GM $EQNR $MP $LAC

Key PointsThe U.S. government wants to boost domestic lithium supply in the nation.It just bought a stake in Lithium Americas to advance its key lithium project.Can Standard Lithium be the next target?10 stocks we like better than Standard Lithium › Standard Lithium (NYSEMKT: SLI) stock surged 10% through 11:30 a.m. ET Wednesday following the explosive rally in shares of rival Lithium Americas (NYSE: LAC) on a significant development. Investors …

Lithium Americas Reaches Agreement with GM and U.S. DOE Regarding First Draw on DOE Loan

VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct 1, 2025-

Lithium Miner, Lithium Americas Corp. (TSX: LAC) (NYSE: LAC), Stock Trends on GM, DOE News

October 1, 2025 (Investorideas.com Newswire) Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) stock surges on GM partnership and U.S. DOE loan news. Explore details of the Thacker Pass lithium project, equity terms, and implications for U.S. battery supply chains.

Lithium Americas & GM Secure $435M Federal Boost for Thacker Pass Project

Developer Lithium Americas (TSX:LAC,NYSE:LAC) has reached an agreement with General Motors (NYSE:GM) and the US Department of Energy (DOE) to unlock the first US$435 million installment of a landmark federal loan for its Thacker Pass lithium project in Nevada.The company confirmed on Wednesday (October 1) that the DOE will receive warrants giving it a 5 percent equity interest in Lithium Americas and a parallel 5 percent economic interest in the…

US DOE takes stake in Lithium Americas and GM joint venture

On the Dash: The U.S. DOE took a 5% stake in Lithium Americas and its Thacker Pass joint venture with GM. Thacker Pass is expected to produce 40,000 metric tons of lithium annually, enough for 800,000 EVs. The project aims to reduce U.S. reliance on China for critical lithium and strengthen domestic EV supply chains. The U.S. Department of Energy has acquired a 5% stake in Lithium Americas and a separate 5% stake in its Thacker Pass lithium pro…