Lithium Americas Corp. Unveils Presentation on U.S. Lithium Supply Chain Development and Strategic Partnerships

Reuters
Aug 14
<a href="https://laohu8.com/S/LAC">Lithium Americas Corp.</a> Unveils Presentation on <a href="https://laohu8.com/S/LITH">U.S. Lithium</a> Supply Chain Development and Strategic Partnerships

Lithium Americas Corp. has released a corporate presentation highlighting its progress in building a U.S.-produced lithium supply chain. The presentation outlines the company's ongoing Thacker Pass project, which is currently in its first phase, with major construction ramping up and targeting completion in late 2027. The project aims for a nominal production capacity of 40,000 tonnes per year of battery-quality lithium carbonate. The company has secured a $2.26 billion loan from the U.S. Department of Energy, with additional investments from General Motors and Orion Resources. General Motors holds a 38% interest in Thacker Pass and has secured offtake rights for up to 100% of Phase 1 production and up to 38% of Phase 2 production for 20 years. The presentation also discusses the project's potential expansion to a total capacity of 160,000 tonnes per year over an 85-year mine life. You can access the full presentation through the link below.

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