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Trump Admin Seeks 10% Equity Stake In Lithium Americas
Lithium Americas Lithium Americas (US:LAC) ZeroHedge·2025-09-23 20:29

The Trump administration is looking to take some equity ownership of another large publicly traded company.The decision comes after the administration began re-evaluating a $2.3 billion loan approved by President Biden for the development of a Nevada lithium deposit.As Bloomberg reports, the record-high loan to Lithium Americas Corp., finalized in 2024, would have provided most of the capital for the construction of a processing plant adjacent to the company’s Thacker Pass mine, on one of country’s largest ...