US Department of Energy takes 5% stake in Lithium Americas

Lithium Americas

01/10/2025 05:14

Oct 1 (Reuters) - Vancouver-based Lithium Americas LAC.TO on Wednesday said that the U.S. Department of Energy (DOE) has taken a 5% stake in the company, which will help it access the first $435 million from a previously announced $2.26 billion loan for the Thacker Pass lithium project.

 (Reporting by Angela Christy in Bengaluru; Editing by Sonia Cheema)

 ((AngelaChristy.M@thomsonreuters.com;))