As of June 30, 2025, the company had $509.1M in cash and restricted cash. Jonathan Evans, president and CEO of Lithium Americas (LAC) said, “Major construction is progressing well at Thacker Pass and there is excitement amongst our employees, stakeholders and partners. We continue to focus on de-risking both the project schedule and capital costs. Our teams continue to work toward limiting the effect of any potential tariff or trade disputes on our construction supply chain. We continue to target mechanical completion of Phase 1 in late 2027.”
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