Key Points On Monday, the U.S. government announced significant investments in two metals companies, and both stocks flew higher. Shoring up domestic lithium supply is a top priority for this White House, making Standard Lithium a possible target for government investment. 10 stocks we like better than Standard Lithium › Shares of Standard Lithium (NYSEMKT: SLI) are soaring on Wednesday, up 8.3% as of 12:47 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ...

Core Insights - The Biden administration approved a $2.26 billion loan for the development of the Thacker Pass lithium project, which is expected to be the largest lithium supplier in the Western Hemisphere by 2028 [4] - Shares of Lithium Americas (LAC) surged over 90% following reports that the Trump administration may acquire up to a 10% stake in the company [1][6] - General Motors (GM), in partnership with Lithium Americas, is involved in the Thacker Pass project to enhance domestic lithium production, crucial for rechargeable batteries [2][6] Company Developments - Lithium Americas is in discussions with the Department of Energy and General Motors regarding the first draw on the DOE loan [5] - The company’s stock was up approximately 3% year-to-date before the recent surge [5] - Concerns were raised by Trump officials about the company's ability to repay the loan due to low lithium prices, leading to renegotiations of the agreement [4] Industry Context - The Thacker Pass project is seen as vital for increasing U.S. lithium production, reducing reliance on China as a major supplier [2] - The move to potentially acquire a stake in Lithium Americas aligns with previous investments by the administration in companies deemed critical to U.S. national security, such as Intel and MP Materials [5]