Overview

• Lithium Americas receives a $2.26 billion conditional loan from the US Department of Energy to construct a lithium processing plant in Nevada.
• The Thacker Pass plant, adjacent to North America's largest lithium mine, is expected to produce 40,000 metric tons of battery-grade lithium carbonate annually.
• The initiative is part of a broader effort to strengthen America's critical materials supply chain and support the demand for electric vehicles.
• General Motors, a long-term customer, supports the project with a $650 million investment.
• The project is anticipated to create approximately 1,800 construction jobs and 360 operational jobs.