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Lithium Americas Secures DOE Loan for Thacker Pass

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Lithium Americas Secures DOE Loan for Thacker Pass

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

Lithium Americas Corp. reported its third-quarter 2025 results, highlighting significant progress in its Thacker Pass lithium project in Nevada. The company has secured support from the U.S. Administration and partners like General Motors, receiving its first loan drawdown from the U.S. Department of Energy, which enhances project certainty and stability. As of September 30, 2025, the company capitalized $145.9 million in construction costs, with major construction ongoing and mechanical completion of the Phase 1 processing plant targeted for late 2027. The company also completed an at-the-market equity program, raising significant capital to support its operations and projects.

The most recent analyst rating on (TSE:LAC) stock is a Hold with a C$5.00 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.

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 large-scale lithium production projects. The company is primarily involved in the development of lithium extraction and processing facilities, with a significant market focus on strengthening the U.S. supply chain and contributing to energy security and economic resilience.

Average Trading Volume: 2,165,541

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$1.68B

Find detailed analytics on LAC stock on TipRanks’ Stock Analysis page.

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