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)
