Lithium Americas Announces Appointment of Luke Colton as EVP and CFO
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) today announced the appointment of Luke Colton as Executive Vice President (“EVP”) and Chief Financial Officer (“CFO”), effective Wednesday, January 29, 2025.
Lithium Americas Increases Mineral Resource and Reserve for Thacker Pass
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) announced an increased mineral resource and mineral reserve estimate for the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”), including the release of an independent National Instrument 43-101 (“NI 43-101”) technical report (“Technical Report”) entitled “NI 43-101 Technical Report on the Thacker Pass Project Humboldt County, Nevada, USA,” and an independent S-K 1300 technical report (the “S-K 1300 Technical Report”) entitled “S-K 1300 Technical Report on the Thacker Pass Project Humboldt County, Nevada, USA,” both dated effective December 31, 2024. The Project is indirectly owned by Lithium Nevada Ventures LLC (“LN”). LN is a joint venture between the Company, which has a 62% ownership, and General Motors Holdings LLC (“GM”), which has a 38% ownership.
Lithium Americas Announces Closing of Thacker Pass Joint Venture with General Motors
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) today announced the closing of its previously announced joint venture (the “JV”) with General Motors Holdings LLC (“GM”) to fund, develop, construct and operate Thacker Pass in Humboldt County, Nevada to supply battery-quality lithium carbonate for the North American critical minerals supply chain (“Thacker Pass” or the “Project”).
Lithium Americas Reports Third Quarter 2024 Results
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the nine months ended September 30, 2024 (“Q3 2024”) and has filed its condensed consolidated interim financial statements (“Financials”) and management’s discussion and analysis (“MD&A”).
Lithium Americas Closes $2.26 Billion U.S. DOE ATVM Loan
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) is pleased to announce the closing of a $2.26 billion loan from the U.S. Department of Energy’s (“DOE”) Loan Programs Office (“LPO”) under the Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program (the “DOE Loan”) for financing the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada (“Thacker Pass” or the “Project”).
GM’s Lithium Americas Deal Positions It for EV DominanceGM has invested heavily in a joint venture with Lithium Americas in a bid to secure a domestic battery-grade lithium supply chain.
Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) announced the Company and General Motors Holdings LLC (“GM”) have entered into a new investment agreement (“Investment Agreement”) to establish a joint venture (“JV”) for the purpose of funding, developing, constructing and operating (the “JV Transaction”) Thacker Pass in Humboldt County, Nevada (“Thacker Pass” or the “Project”). The JV Transaction will deliver $625 million of cash and letters of credit from GM to Thacker Pass alongside the conditional commitment for a $2.3 billion U.S. Department of Energy (“DOE”) loan announced earlier this year.
Lithium Grab: 2 Lithium Stocks That Could Be Takeover TargetsLithium stocks are getting interest again, driven by acquisitions and the entry of a major miner. Here are two lithium stocks that could be acquisition targets.
Lithium Americas Provides an Update on GM Investment
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) announces the Company and General Motors Holdings LLC (“GM”) have agreed to extend the outside date for the second tranche subscription agreement until the end of the year. Along with the extension, GM has reaffirmed its intention to complete the additional $330 million investment to support development of Thacker Pass, which is the largest known Measured and Indicated lithium resource in North America.
Lithium Americas Reports Second Quarter 2024 Results
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the six months ended June 30, 2024 (“Q2 2024”) and has filed its condensed consolidated interim financial statements (“Financials”) and management’s discussion and analysis (“MD&A”).
Lithium Americas Reports 2024 Annual General and Special Meeting Results
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) announced the results from its annual general and special meeting held on May 24, 2024 (the “Meeting”). Each of the following eight nominees was elected as a Director of the Company:
Lithium Americas Reports First Quarter 2024 Results
Lithium Americas Corp. (TSX: LAC) (
NYSELAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for the three months ended March 31, 2024 (“Q1 2024”) and has filed its condensed consolidated interim financial statements (“Financials”) and management’s discussion and analysis (“MD&A”).
Equinor Invests Millions Into Standard Lithium ProjectsNorwegian energy titan Equinor just announced a major partnership with Standard Lithium, acquiring a 45% stake in a deal valued at up to $160 million. This partnership, which aims to expedite the advancement of Standard Lithium’s two lithium projects, will see Equinor leverage oil and gas technologies as well as provide subsurface and project execution … Continue reading "Equinor Invests Millions Into Standard Lithium Projects"
Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?If you believe that EVs will become mainstream, then these two lithium stocks may recover in 2024 as lithium prices begin to recover
3 lithium stocks to ride a multi-year cycleThis is why lithium stocks could be the best place to consider deploying some of your buying power; in that space, three stocks stand out as double-digit upside
3 lithium stocks at rock bottom prices for EV believersAs demand for EVs grows, so does the need for battery-grade lithium, which makes a solid case for these three lithium stocks
Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030FN Media Group Presents USA News Group News Commentary Vancouver, BC – September 19, 2023 – USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America’s domestic lithium supply gap can be eliminated. Acknowledging that just a decade […]
Why Rising Lithium Demand May Exceed Lithium Production this Year Creating an Opportunity for MinersPalm Beach, FL – September 21, 2023 – FinancialNewsMedia.com News Commentary – Global lithium demand is expected to outmatch lithium production this year, which should spur mining and revenues in the market. Electrification of vehicles is projected to attract a significant volume of lithium-ion batteries, thus anticipated to drive the market over the forecast period. The automotive […]
Dragonfly Energy Joins Nevada Battery Coalition as a Founding Member; Granted Seat on Board of DirectorsRENO, Nev., July 24, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), maker of Battle Born Batteries™ and an industry leader in energy storage, joins the Nevada Battery Coalition (“NBC” or the “Coalition”) as a founding member. The Company also was granted a seat on NBC’s board of directors, which will be occupied by Dragonfly Energy’s Chief Marketing Officer Tyler Bourns. Dominic Sinnott, Director of Government Affairs at Dragonfly Energy, will also participate as a member in the organization.
