Lithium Americas Finalizes DOE, GM Equity and JV Agreements

Lithium Americas Corp. ( (TSE:LAC) ) has provided an update.

On January 30, 2026, Lithium Americas Corp. and its subsidiaries implemented a series of agreements with the U.S. Department of Energy (DOE) and General Motors-related entities under a previously disclosed omnibus waiver, consent and amendment. The company issued the DOE a warrant to purchase up to 18,268,687 common shares (5% of outstanding shares on the issuance date) at a nominal exercise price, and the LAC-GM Joint Venture issued a separate warrant for Non-Voting Units representing a 5% economic interest in the joint venture, each exercisable for ten years and subject to anti-dilution adjustments. A registration rights agreement obliges Lithium Americas to register for resale the common shares issuable upon exercise of these warrants, while a put, call and exchange agreement gives the DOE the right to sell or exchange its JV warrant interests to or through GM Holdings, and grants GM Holdings a corresponding call right after substantial completion milestones at the Thacker Pass Project. The joint venture’s LLC agreement was also amended to define the rights of the new Non-Voting Units and require most capital contributions, including those tied to the DOE loan, to be made at fair market value, tightening the capital structure and clarifying DOE’s economic stake in both Lithium Americas and the LAC-GM Joint Venture.

The most recent analyst rating on (TSE:LAC) stock is a Hold with a C$7.00 price target. To see the full list of analyst forecasts on Lithium Americas Corp. stock, see the TSE:LAC Stock Forecast page.

Spark’s Take on TSE:LAC Stock

According to Spark, TipRanks’ AI Analyst, TSE:LAC is a Neutral.

The score is held back mainly by weak financial performance (large losses and significant cash burn, alongside rising debt). Technicals provide support with an above-average uptrend and positive momentum, while valuation is constrained by ongoing losses (negative P/E) and no dividend yield data.

To see Spark’s full report on TSE:LAC stock, click here.

More about Lithium Americas Corp.

Lithium Americas Corp. operates in the lithium mining and development industry, with key assets including the Thacker Pass Project in Nevada. Through its subsidiaries and the LAC-GM Joint Venture with General Motors, the company focuses on developing lithium resources critical to the electric vehicle and energy storage supply chain in the United States.

Average Trading Volume: 1,654,873

Technical Sentiment Signal: Buy

Current Market Cap: C$1.86B

For detailed information about LAC stock, go to TipRanks’ Stock Analysis page.