FILE – Construction continues at the Thacker Pass lithium mine on April 24, 2023, near Orovada, Nev. The Biden administration has agreed to provide a $2.26 billion conditional loan to Lithium Americas, Thursday, March 14, 2024, to help cover construction costs of a processing facility at its giant lithium mine in the works in northern Nevada near the Oregon line. (AP Photo/ Rick Bowmer, File)
VANCOUVER — Lithium Americas Corp. says it’s in talks with the U.S. Department of Energy and General Motors Holdings LLC, its joint venture partner in the Thacker Pass lithium project, regarding the conditions of its US$2.26-billion loan from the U.S. government.
The Toronto-listed company made the comments after a report by the Reuters news agency citing people familiar with the matter that it’s in talks with U.S. government about it possibly taking a stake in the firm.
Lithium Americas says its talks with the U.S. Department of Energy include the conditions to draw on its loan and associated loan specifics, as well as incremental requests for potential further conditions.
The company says it continues to work with the U.S. Department of Energy and General Motors toward an agreement.
Lithium Americas is developing the Thacker Pass lithium project in Nevada.
It is the manager of the project and holds a 62 per cent stake, while General Motors owns a 38 per cent interest.
This report by The Canadian Press was first published Sept. 24, 2025.
Companies in this story: (TSX:LAC)
The Canadian Press
- 0102 Lori Carr Coal Extended0102 Lori Carr Coal Extended
- 0093 Estevan OTS 20250093 Estevan OTS 2025
- 0101 VP Energy Road to adventure0101 VP Energy Road to adventure
- 0100 Turnbull Project Manager0100 Turnbull Project Manager
- 0099 Mryglod Steel 1080p0099 Mryglod Steel 1080p
- 0097 Eagle Sky Ventures LTD0097 Eagle Sky Ventures LTD
- 0095 Fast Trucking nearly 70 years good at it0095 Fast Trucking nearly 70 years good at it
- 0053 Kingston Midstream Westspur Alameda Click Before You Dig0053 Kingston Midstream Westspur Alameda Click Before You Dig
- 0092 Turnbull projects big and small0092 Turnbull projects big and small
- 0046 City of Estevan This is Estevan Teaser0046 City of Estevan This is Estevan Teaser
- 0087 Lori Carr Coal Expansion0087 Lori Carr Coal Expansion
- 0077 Caprice Resources Stand Up For Free Speech0077 Caprice Resources Stand Up For Free Speech
- 0076 Latus only0076 Latus only
- 0061 SIMSA 2024 For Sask Buy Sask0061 SIMSA 2024 For Sask Buy Sask
- 0051 JML Hiring Pumpjack assembly0051 JML Hiring Pumpjack assembly
- 0049 Scotsburn Dental soft guitar0049 Scotsburn Dental soft guitar
- 0041 DEEP Since 2018 now we are going to build0041 DEEP Since 2018 now we are going to build
- 0032 IWS Summer hiring rock trailer music
- 0022 Grimes winter hiring
- 0021 OSY Rentals S8 Promo
- 0018 IWS Hiring Royal Summer
- 0013 Panther Drilling PO ad 03 top drive rigs
- 0002 gilliss casing services0002 gilliss casing services
- 9002 Pipeline Online 30 sec EBEX9002 Pipeline Online 30 sec EBEX
- 9001