The US Government is reassessing a $2.3bn loan sanctioned under the Biden administration to support the development of Lithium Americas' Thacker pass lithium project in Nevada, reported Bloomberg, citing sources. The financing, finalised in 2024, was intended to fund the construction of a processing facility next to one of the country’s largest lithium deposits. Concerns have arisen about potential competition from cheaper Chinese lithium. The Department of Energy's (DoE) review follows a warning from G ...