Lithium Americas Stock Soars as U.S. Takes 5% Stakes in Company and Mining Project

The U.S. taking a direct stake in Lithium Americas indicates the importance of domestic lithium supply for energy security and electric vehicles. It's the latest example of the government taking stakes in companies deemed critical to national security since President Donald Trump took office. Companies receiving that government support have seen their share prices rise. Lithium Americas will also receive the first tranche of a $2.26 billion DOE loan for the project totaling $435 million, with the government ...