Lithium Americas shares soar on potential US government stake

Business Sep 25, 2025

Lithium Americas's shares more than doubled after word got out that the US government is thinking about buying a stake in the company.
This is all tied to a $2.2 billion loan the Energy Department is negotiating for their Thacker Pass lithium mine in Nevada, which Lithium Americas co-owns with General Motors.

Thacker Pass could be a big deal for US lithium

The possible government stake would provide a cash buffer to protect taxpayers and lower risk due to delayed loan repayments.
Thacker Pass could be a big deal for US lithium supplies by late 2027 if all goes as planned.
Investors clearly took notice—shares closed at $6.01 on Wednesday, almost doubling in just one day, following similar moves seen with other companies getting government backing lately.