Lithium Americas Corp. (TSE:LAC) has released an update.
Lithium Americas Corp. has made significant progress on its Thacker Pass lithium project in Nevada, securing a conditional $2.26 billion loan from the U.S. Department of Energy and an $11.8 million grant from the Department of Defense for infrastructure improvements. These funds, along with a public offering and expected investment from General Motors, are poised to finance the construction of the project, which is integral to the company’s commitment to sustainable lithium production. The company’s focus on environmental, social, governance, and safety standards is highlighted in their latest ESG-S report, emphasizing their role in the clean energy transition.
For further insights into TSE:LAC stock, check out TipRanks’ Stock Analysis page.
