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Sep 23, 2025 4:50 PM

Trumps Wants A Stake In Lithium Americas For National Security

The Trump administration is pursuing up to a 10% ownership stake in Lithium Americas Corp. (NYSE: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.

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Government Involvement

Similar to its actions with Intel and MP Materials, the administration is framing a direct stake in Lithium Americas as part of a national security strategy.

A White House ...