The Trump administration is looking to take some equity ownership of another large publicly traded company.The decision comes after the administration began re-evaluating a $2.3 billion loan approved by President Biden for the development of a Nevada lithium deposit.As Bloomberg reports, the record-high loan to Lithium Americas Corp., finalized in 2024, would have provided most of the capital for the construction of a processing plant adjacent to the company’s Thacker Pass mine, on one of country’s largest ...

The Trump administration is seeking an equity stake of as much as 10% in Lithium Americas as it renegotiates terms of the company's $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors , two people familiar with the discussions told Reuters. ...

Core Viewpoint - The US Government is reassessing a $2.3 billion loan for the Thacker Pass lithium project in Nevada, which was approved under the Biden administration, due to concerns about competition from cheaper Chinese lithium [1][4]. Group 1: Loan and Project Details - The $2.3 billion loan was finalized in 2024 to support the construction of a processing facility adjacent to one of the largest lithium deposits in the US [1]. - General Motors (GM) holds a 38% stake in the Thacker Pass project and is being urged by the Department of Energy (DoE) to secure a binding offtake agreement for the mine's production [2]. Group 2: Stakeholder Involvement - GM invested $625 million in cash and letters of credit for its stake in the lithium project [2]. - A GM spokesperson expressed confidence in the project, highlighting that the company has committed nearly $1 billion to its development, including a nearly $200 million letter of credit [3]. Group 3: Government Review and Future Actions - The reassessment of the loan is part of a broader review of the DoE's $400 billion green financing program [4]. - Lithium America plans to continue collaborating with the DoE and GM to move forward with the loan and will provide updates as necessary [4].

Ex-Julius Baer Banker Sued for Negligence in SingaporeA former banker from Julius Baer in Singapore has been sued over allegedly negligent behavior related to shares sold in 2017.Former Julius Banker relationship manager Loh Kia Hui has been sued by Taiwan-born Singapore businesswoman Fiona Lee Hsueh Ching and her Canadian husband for negligence, according to a «Straits Times» report citing legal proceedings.Lee claims that Loh advised her to sell shares in Toronto-listed Lithium Americas Corp in 2017 for C ...

Company Overview - Lithium Americas Corp. (LAC) experienced a decline of 1.41% in its stock price, closing at $2.80, underperforming the S&P 500 which gained 0.3% [1] - Over the past month, LAC shares have decreased by 0.35%, while the Basic Materials sector and S&P 500 saw gains of 4.31% and 2.09% respectively [1] Earnings Projections - The upcoming earnings release for Lithium Americas Corp. is highly anticipated, with projected earnings per share (EPS) of -$0.06, indicating a 500% decrease from the same quarter last year [2] - For the full year, Zacks Consensus Estimates forecast an EPS of -$0.2 and revenue of $0 million, reflecting changes of +4.76% and 0% respectively from the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for Lithium Americas Corp. suggest a positive outlook on the company's business operations and profit generation capabilities [3] - The Zacks Rank system, which incorporates these estimate changes, indicates that upward revisions are correlated with near-term share price momentum [4] Zacks Rank and Industry Performance - The Zacks Rank for Lithium Americas Corp. is currently 3 (Hold), with a 5.37% decrease in the consensus EPS estimate over the last 30 days [5] - The Mining - Miscellaneous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 151, placing it in the bottom 39% of over 250 industries [6] - Research indicates that industries in the top 50% outperform those in the bottom half by a factor of 2 to 1 [6]

Group 1 - The investment thesis indicates a potential turnaround in the lithium market prices, suggesting an opportunity for increased exposure in lithium investments [1] - The article highlights that there are early signs of a price recovery in the lithium market, particularly noted during the summer months [1] - The analyst expresses a positive outlook based on forecasts for a sustained increase in lithium prices, which may benefit companies involved in lithium production [1]

Lithium is poised to become a red-hot commodity in the basic materials sector, driven by a couple of key macro tailwinds. First and foremost, the new data center buildout across the United States will require a decent amount of lithium to be used in the supercomputers that will train tomorrow's leading artificial intelligence models. Secondly, more than three-quarters of the global lithium production and supply chain originates from China. One of the leading Chinese lithium companies has just announced its ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from To Commission file number: 001-41788 LITHIUM AMERICAS CORP. (Exact Name of Registrant as Specified in Its Charter) British Columbia, Canada Not applicable (State or Other ...

Exhibit 99.1 NEWS RELEASE TSX: LAC ● NYSE: LAC www.lithiumamericas.com Lithium Americas Reports Second Quarter 2025 Results (All amounts in US$ unless otherwise indicated) August 14, 2025 – Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced that it has filed its Quarterly Report on Form 10-Q, which includes the Company's consolidated interim financial statements ("Financials") for the three and six months ended June 30, 2025 ("Q2 2025"), and prov ...

Market Performance - US stock market showed a calm performance ahead of the July Consumer Price Index (CPI) report, with all three major indices closing slightly lower. The Dow Jones fell by 0.45% to 43975.09 points, the Nasdaq dropped by 0.3% to 21385.4 points, and the S&P 500 decreased by 0.25% to 6373.45 points [10][9][1]. Economic Indicators - The upcoming CPI report is expected to serve as a benchmark for assessing the impact of US trade policies on inflation and will provide guidance for the Federal Reserve's interest rate decisions [10][1]. - A recent Bank of America survey indicated that approximately 91% of respondents believe US stocks are overvalued, marking the highest percentage since the survey began in 2001 [10][1]. Sector Performance - Major technology stocks experienced mixed results, with Apple down 0.83%, Microsoft down 0.05%, Amazon down 0.62%, Nvidia down 0.35%, Google down 0.21%, while Tesla rose by 2.85%, Meta down 0.45%, AMD down 0.28%, and Intel up 3.51% [10][1]. International Market Movements - Japanese and South Korean stock markets showed positive movements, with the Nikkei 225 index rising over 2% to a new historical high of 42681.89 points, and the KOSPI200 index increasing by over 1% to 437.83 points [2][1]. Labor Statistics - President Trump announced the nomination of economist E.J. Antoni as the next director of the Bureau of Labor Statistics, indicating potential reforms in the agency's data reporting methods [14][13]. - The administration is also considering candidates for the upcoming vacancy of the Federal Reserve Chair, including current vice chairs and the Dallas Fed president [16][15].