The U.S. government is taking stake in yet another company, and this time it's a mining company. Lithium Americas is currently developing one of the world's largest lithium mines in northern Nevada.
The Trump administration is now a significant stakeholder in the controversial mine at Thacker Pass. The Trump administration is now a significant stakeholder in the controversial mine at Thacker ...
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With China producing more than 85% of the world’s batteries, the U.S. is racing to mine the metals needed for national security and products like EVs. In April, 2024, the WSJ went inside two projects ...
The US government agreed to acquire a stake in Lithium Americas Corp., giving a boost to the Canadian company as it develops its Thacker Pass lithium project in Nevada. The US will take a 5% equity ...
Shares rise 23% in Wednesday trading Deal is part of US government efforts to boost domestic supplies Canada's government to review investment China is the world's dominant refiner of lithium Sign up ...
The U.S. Department of Energy (DOE) has taken equity stakes in Canadian company Lithium Americas and its Nevada mining joint venture with General Motors as part of a renegotiation of a federal loan.
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Shares of Lithium Americas (NYSE:LAC) increased by approximately 20% on Thursday, following an almost 90% surge on Tuesday, spurred by reports that the Trump administration expressed interest in ...
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A potential federal equity stake and $2.26 billion DOE loan would secure financing for Thacker Pass, one of America's largest lithium deposits, targeting 40,000 tons annually by 2028. General Motors ...
The Trump Administration is pushing for direct equity stakes in U.S. critical minerals projects. Washington looks at acquiring a 10% share in Lithium Americas’ Thacker Pass lithium project in Nevada.