Lithium Americas to spend up to $1.6 billion for Thacker Pass Phase 1 in 2026

Reuters
02/19
<a href="https://laohu8.com/S/LAC">Lithium Americas</a> to spend up to $1.6 billion for Thacker Pass Phase 1 in 2026

Feb 19 (Reuters) - Lithium Americas LAC.TO said on Thursday capital expenditures for Phase 1 of its Thacker Pass lithium project will range between $1.3 billion and $1.6 billion in 2026, as the Canadian miner accelerates construction at the Nevada site toward a late-2027 completion target.

The Nevada-based project is a joint venture between Lithium Americas and U.S. automaker General Motors GM.N and holds enough lithium to build 1 million electric vehicles annually.

The company estimated Phase 1 construction costs between $1.2 billion and $1.5 billion, along with other capitalized development costs of $30 million to $40 million.

Lithium Americas said the construction estimate includes projected tariff exposure for equipment and construction materials sourced from Canada, China, India, the United Arab Emirates, Turkey and the European Union.

The capex outlook also includes capitalized interest on a U.S. Department of Energy loan of $45 million to $55 million.

Lithium Americas previously secured $2.23 billion in financing from the DOE's loan programme, supplemented by strategic investments from General Motors and Orion Resource Partners.

Last year, the DOE also took a 5% stake in Lithium Americas and a separate 5% stake in the Thacker Pass project.

(Reporting by Pranav Mathur in Bengaluru; Editing by Tasim Zahid)

((Pranav.Mathur@thomsonreuters.com;))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10