Trump Advances US Equity Stake in Nevada Lithium Mine Deal

1 min read
Source: Yahoo Finance
Trump Advances US Equity Stake in Nevada Lithium Mine Deal
Photo: Yahoo Finance
TL;DR

The US government is moving towards acquiring a small equity stake in Lithium Americas, the developer of the Thacker Pass lithium mine in Nevada, as part of a restructuring of a $2.3 billion federal loan to support the project, which is crucial for electric vehicle battery production and involves significant corporate and government investment.

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