<a href="https://laohu8.com/S/LAC">Lithium Americas Corp.</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Net Loss Widens to $24.8M, EPS Declines to $0.11
Lithium Americas Corp. has released its financial results for the second quarter of 2025. The company reported a net loss of $24.8 million for the six months ending June 30, 2025, compared to a net loss of $12.8 million in the same period in 2024. Operating expenses increased to $14.4 million from $12.2 million over the same period last year. Loss per share was reported at $0.11, up from $0.07 in the previous year. As of June 30, 2025, the company's total assets increased to $1.3391 billion, up from $1.0449 billion at the end of 2024. This increase was primarily due to proceeds from the Orion Investment and contributions from GM to the joint venture upon declaring the final investment decision. Total long-term liabilities rose significantly to $251.5 million from $41.3 million as of December 31, 2024, mainly due to non-current amounts associated with the Orion Investment. The company provided an update on its Thacker Pass lithium project in Nevada, noting that major construction is progressing well, with efforts focused on de-risking the project schedule and capital costs.
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