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Lithium development company advancing battery-grade lithium production
lithiumamericas.comLast updated
In short: Lithium Americas drew $435 million from DOE as the U.S. took a 5% Thacker Pass stake.
The company achieved net income of $1.7 million in Q2, holding $1.3 billion in cash while advancing major construction milestones at its Nevada lithium project.
The company posted net income of $1.7 million for the quarter, citing gains on financial instruments and increased interest income.
Proceeds fund general corporate purposes. Maturity is five years with a 5 percent interest rate.
Lithium Americas issued convertible debentures to strengthen liquidity as the Nevada project approaches peak construction.
A federal loan supporting Lithium Americas' Thacker Pass project has moved from policy commitment to construction financing, while giving the U.S.
Detailed price information for Lithium Americas Corp (LAC-T) from The Globe and Mail including charting and trades.
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lithium Americas Corp. (LAR) on Tuesday reported net income of $1.4 million in its second...
Lithium Americas has received its first $435 million drawdown from the U.S. Department of Energy's (DOE) Loan Programs Office under the Advanced Technology Vehicles Manufacturing...
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