Written by 🚀 Lithium Americas (LAC) Surges on U.S. Government & GM Backing!
Lithium Americas Corp. (NYSE: LAC) is positioned at the forefront of North America’s lithium production, with its flagship Thacker Pass project in Nevada. This project is set to become the largest lithium mine in the Western Hemisphere, with Phase 1 targeting a capacity of 40,000 tonnes per year of battery-quality lithium carbonate Lithium Americas.
In recent developments, the Trump administration is considering acquiring up to a 10% equity stake in Lithium Americas. This potential investment is tied to a $2.26 billion loan from the U.S. Department of Energy for the Thacker Pass project, aiming to bolster domestic supply chains for critical minerals and reduce dependence on foreign sources Reuters.
General Motors (GM), already a 38% stakeholder, is in discussions with the U.S. government regarding the project. The involvement of GM and the potential government equity stake are expected to enhance confidence in the project’s completion and economic scalability Financial Times.
Analyst forecasts for Lithium Americas are optimistic. The stock is projected to trade between $6.45 and $7.34 in October 2025, with an average value of $6.88, indicating a potential return of 22.06% for investors CoinCodex.
In summary, Lithium Americas is positioned for significant growth, driven by strategic partnerships, government support, and its pivotal role in the transition to electric vehicles and renewable energy.