Lithium Americas Secures $250M Investment for Thacker Pass

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

Lithium Americas Corp. reported its first quarter 2025 results, highlighting significant progress at its Thacker Pass lithium project. Major construction milestones were achieved in early May 2025, including the placement of permanent concrete in the processing plant area. The company closed a $250 million strategic investment from Orion Resource Partners and announced a final investment decision with General Motors for the project’s Phase 1. The company expects to draw on a $2.26 billion loan from the U.S. Department of Energy in Q3 2025. The project is on track for completion by late 2027, with engineering and procurement progressing as planned. Financially, the company reported a net loss increase due to higher administrative expenses and transaction costs.

The most recent analyst rating on (TSE:LAC) stock is a Hold with a C$3.50 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.

Lithium Americas Corp.’s overall score reflects its financial struggles with persistent losses and cash flow issues. However, recent corporate events provide a positive outlook with secured funding for key projects, which could improve future financial stability. Technical analysis shows mixed signals, and valuation concerns remain due to negative earnings and lack of dividends.

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

More about Lithium Americas Corp.

Lithium Americas Corp. operates in the lithium industry, focusing on the development of the Thacker Pass project in Nevada, which is the largest known lithium resource in the world. The company is advancing Phase 1 of Thacker Pass toward production, aiming for a capacity of 40,000 tons per year of battery-quality lithium carbonate. Lithium Americas is in a joint venture with General Motors and is listed on the Toronto and New York Stock Exchanges under the symbol LAC.

Average Trading Volume: 354,665

Technical Sentiment Signal: Buy

Current Market Cap: C$928M

Learn more about LAC stock on TipRanks’ Stock Analysis page.