De-risking And Financial StabilityClosure of a $2.26B ATVM loan with the DOE is seen as a critical de-risking event for the Thacker Pass project.
Project Scale And Growth PotentialManagement increased the Thacker reserve significantly, which confirms the project's potential scale and potential to become a major U.S. lithium chemicals supplier.
Strategic Partnerships And FundingLithium Americas announced a new investment agreement with GM that will bring $625M in cash for the Thacker Pass project, avoiding significant equity dilution.