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Lithium Americas stock pops more than 30% as government takes a stake to boost Nevada project
CNBC· 2025-09-30 22:35
In windswept, remote Thacker Pass in the far northern reaches of Nevada permits approved for a massive lithium mine, proposed by Lithium Americas Corp., are drawing impassioned protest from the local indigenous population, ranchers, and environmentalists.Shares of Lithium Americas popped more than 35% in extended trading Tuesday after U.S. Energy Secretary Chris Wright told Bloomberg that the U.S. government will take a small stake in the company.The U.S. Department of Energy plans to take a 5% equity stake ...