US Government to Acquire Stake in Lithium Americas to Support Nevada Lithium Project
Originally Published 3 months ago — by Bloomberg.com
The US government is taking a 5% stake in Lithium Americas and its Thacker Pass lithium project in Nevada to bolster domestic lithium supply and counter China's dominance in the market, as part of broader efforts to develop a resilient supply chain for critical metals. The move aims to accelerate the project’s development, which is expected to significantly increase US lithium production for electric vehicle batteries and other technologies.
