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Lithium Americas announced it has received its initial drawdown of $435 million from the guaranteed loan provided by the U.S. Department of Energy (DOE) Loan Programs Office.

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Lithium Americas surged more than 23% on Wednesday after confirming the U.S. Department of Energy restructured its $2.26B loan deal.

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Lithium Americas fell over 3% pre-market Tuesday after Bloomberg reported the U.S. Department of Energy is re-evaluating a $2.3 billion loan approved under the Biden administration for the Thacker Pass lithium project in Nevada

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Lithium Americas, General Motors announce FID for Thacker Pass Phase 1

Video: youtube.com/shorts/Y0BgL...

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Lithium Americas Secures $250M Orion Investment for Thacker Pass

video: youtube.com/shorts/6mY3g...

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Thacker Pass Lithium Reserves Grow 286% in Latest Report, Supporting 85-Year Mine Life

Video: youtube.com/shorts/CvYyr...

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