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0.00975609756097562 0.00975609756097562 0.00975609756097562 0.0170731707317072 0.0780487804878047 0.0902439024390244 0.158536585365854 0.139024390243902
Stock impact report

Lithium Americas Closes $2.26 Billion U.S. DOE ATVM Loan [Yahoo! Finance]

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Corp. (TSX: LAC) (NYSE: LAC) (" Lithium Americas " or the " Company ") is pleased to announce the closing of a $2.26 billion loan from the U.S. Department of Energy's (" DOE ") Loan Programs Office (" LPO ") under the Advanced Technology Vehicles Manufacturing (" ATVM ") Loan Program (the " DOE Loan ") for financing the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada (" Thacker Pass " or the " Project HIGHLIGHTS The DOE Loan for $2.26 billion will have interest rates fixed from the date of each monthly advance for the term of the loan at applicable U.S. Treasury rates. The DOE Loan amount includes funding of interest accrued during construction. The DOE Loan will help finance the construction of Thacker Pass, targeted to produce an initial 40,000 tonnes per annum (" tpa ") of battery-quality lithium carbonate (" Phase 1 "). The Company is targeting to make the final investment decision (" FID ") and issue full notice to proceed (" FN Show less Read more
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