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0.00423166803511658 0.00823175224741581 0.00667382471209917 -0.00840017684582839 0.00107370681488043 0.024758415966652 0.0242320890966126 0.0137055516958252
Stock impact report

Lithium Americas secures $2.26bn DOE loan for Thacker Pass project [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
This funding is earmarked for the construction of processing facilities at the Thacker Pass lithium project in Humboldt County, Nevada, US. The loan will support the development of Thacker Pass, which is currently North America's largest known lithium resource. The company is on track to make the final investment decision and issue a full notice to proceed by the end of this year. The mine will be developed in two phases with a total planned production capacity of 80,000 tonnes per annum of battery-quality lithium carbonate. The first phase is poised to generate approximately 1,800 direct jobs during construction and 360 full-time jobs during its 40-year operational lifespan. Production at Thacker Pass is expected to start in 2027, contributing to the electric vehicle (EV) sector and supporting up to 800,000 EVs annually. This aligns with the US clean energy tax credits programme, which incentivises the use of domestically sourced materials for EVs. Lithium Americas ant Show less Read more
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