Lithium Americas Partners with GM for Thacker Pass

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

Lithium Americas Corp. has taken significant strides in the development of its Thacker Pass project, including securing a $2.26 billion loan from the U.S. Department of Energy and forming a joint venture with General Motors. The company reported a strong financial position with $341.2 million in cash reserves as they focus on expanding their role in the North American lithium supply chain.

For further insights into TSE:LAC stock, check out TipRanks’ Stock Analysis page.