Lithium Americas soars 90% as Washington considers stake

By Arunima Kumar and Purvi Agarwal (Reuters) -Shares of Lithium Americas closed at $8.32 after jumping nearly 90% on Wednesday after Reuters reported that the Trump administration is seeking up to a 10% stake in the miner, in the latest sign of Washington's intervention into industries it considers critical to national security. Late Tuesday, Reuters cited two people familiar with the talks who said the administration is considering the stake as part of negotiations over a$ 2.26 billion Department of Ene ...