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Trumps Wants A Stake In Lithium Americas For National Security
Benzinga· 2025-09-23 20:41
The Trump administration is pursuing up to a 10% ownership stake in Lithium Americas Corp. LAC as part of talks to restructure a $2.26 billion federal loan supporting the company's Thacker Pass lithium mine in Nevada.The project, partly backed by General Motors with a $625 million investment for a 38% share, is expected to become the largest lithium operation in the Western Hemisphere when production begins in 2028, according to Reuters.Read More: Snap Stock Goes Full Meme—Buyout Rumors Meet Retail’s RoarGo ...