Overview
- The White House says any government ownership would be less than 10% and function as a cash buffer for the company.
- Lithium Americas reports ongoing negotiations with the Energy Department and General Motors and says no definitive agreement exists.
- DOE and the company have agreed on changes to the loan that could advance the Thacker Pass project, according to the Associated Press.
- Shares of LAC nearly doubled this week before pulling back, as Scotiabank cautioned that potential warrants or equity could dilute holders and set a $2.75 price target.
- Thacker Pass targets 40,000 metric tons of battery‑grade lithium carbonate annually in Phase 1, while environmental and tribal opposition continues to challenge the project.