Lithium Americas Shares Jump on U.S. Plans to Take Stake

Dow Jones

2025/10/01

By Katherine Hamilton

Lithium Americas shares jumped in late trading after Energy Secretary Chris Wright said the U.S. plans to take stake in the Canadian mining company.

The stock climbed 32% to $7.53 in after-hours trading Tuesday. Through the close, shares had nearly doubled this year.

Lithium Americas, which produces minerals used in electric-vehicle batteries, is also in talks with automaker General Motors over the terms of its $2.26 billion government loan for a large lithium mining project it is developing in Nevada.

Those discussions included debating whether the U.S. should take a stake in Lithium Americas as a condition for receiving a loan, the Wall Street Journal reported earlier this month.

Wright made the announcement on Bloomberg TV.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

September 30, 2025 18:07 ET (22:07 GMT)

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Through the close, shares had nearly doubled this year. \n</p>\n<p>\n  Lithium Americas, which produces minerals used in electric-vehicle batteries, is also in talks with automaker General Motors over the terms of its $2.26 billion government loan for a large lithium mining project it is developing in Nevada. \n</p>\n<p>\n  Those discussions included debating whether the U.S. should take a stake in Lithium Americas as a condition for receiving a loan, the Wall Street Journal reported earlier this month. \n</p>\n<p>\n  Wright made the announcement on Bloomberg TV. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 30, 2025 18:07 ET (22:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LAC","symbol_name":"Lithium Americas Corp.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2572770723","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572770723","pubTimestamp":1759270020,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Lithium Americas shares jumped in late trading after Energy Secretary Chris Wright said the U.S. plans to take stake in the Canadian mining company.The stock climbed 32% to $7.53 in after-hours trading Tuesday. 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Through the close, shares had nearly doubled this year. \n\n\n  Lithium Americas, which produces minerals used in electric-vehicle batteries, is also in talks with automaker General Motors over the terms of its $2.26 billion government loan for a large lithium mining project it is developing in Nevada. \n\n\n  Those discussions included debating whether the U.S. should take a stake in Lithium Americas as a condition for receiving a loan, the Wall Street Journal reported earlier this month. \n\n\n  Wright made the announcement on Bloomberg TV. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 30, 2025 18:07 ET (22:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}