Lithium Americas Corp. today announced the closing of the initial tranche, an investment of $320 million, of its previously announced $650 million investment by General Motors Co. . Proceeds from GM's investment are to be used to accelerate the development of the Company's Thacker Pass lithium project located in Humboldt County, Nevada, the largest known lithium resource in the United States that is fully permitted to [...]
Lithium Americas Corp. received a favorable ruling from the US District Court, District of Nevada on February 6, 2023, for the appeal filed against the Bureau of Land Management for the issuance of the Record of Decision relating to the Company's 100%-owned Thacker Pass project located in Humboldt Country, Nevada. The Federal Court has declined to vacate the ROD for the mining Plan of Operations . The favorable ruling by [...]
Lithium Americas Corp. today announced that it has entered into a purchase agreement with General Motors Co. pursuant to which GM will make a $650 million equity investment in Lithium Americas . In connection with the Transaction, the Company has provided an update on the construction plan for the Thacker Pass lithium project in Humboldt County, Nevada , including the release of an independent National Instrument 43-101 [...]
Lithium Americas Corp. provides an update following a hearing held by the US District Court, District of Nevada on January 5, 2023, for the appeal of the issuance of the Record of Decision for the Thacker Pass lithium project , located in Humboldt County, Nevada. During the hearing, the plaintiffs, the U.S. Bureau of Land Management and the Company addressed final questions following the submission of briefings in August [...]
Lithium Americas Corp. and Arena Minerals Inc. are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which Lithium Americas has agreed to acquire all of the issued and outstanding common shares of Arena not already owned by Lithium Americas by way of a plan of arrangement . Pursuant to the Arrangement Agreement, Arena's shareholders will receive 0.0226 of a Lithium Americas [...]
Lithium Americas Corp. announced an exercise of common share purchase warrants of Arena Minerals Inc. to purchase 14,590,000 common shares of Arena Minerals at an exercise price of C$0.25 per Arena Share for aggregate consideration of US$2.7 million . Prior to the Warrant Exercise, Lithium Americas beneficially owned 66,226,146 Arena Shares, representing approximately 17.0% of Arena Minerals' issued and outstanding share [...]
Lithium Americas Corp. is pleased to announce that, after months of review by the Company, along with its advisors and the Board of Directors, it intends to advance a reorganization that will result in the separation of its North American and Argentine business units into two independent public companies . The Separation will establish two separate companies that include: An Argentina focused lithium company owning [...]
Lithium Americas Corp. has reported financial and operating results for the third quarter ended September 30, 2022 . HIGHLIGHTS Argentina Caucharí-Olaroz Construction continues to progress towards production with key areas of the processing plant commenced commissioning in late Q3 2022. With construction nearing completion, focus remains on prioritizing production volume over product quality during ramp-up. As previously [...]
Lithium Americas Corp. is deeply saddened to report two fatalities at its Caucharí-Olaroz lithium project in Jujuy, Argentina on Sunday, October 23, 2022. The two separate incidents occurred at the camp and are not believed to be the result of workplace accidents. An investigation into the cause is underway and the authorities have been notified. "It is with deep sadness that we report the tragic loss of two contractors [...]
Lithium Americas Corp. is pleased to announce it has entered a Community Benefits Agreement with the Fort McDermitt Paiute and Shoshone Tribe . The Tribe is located approximately 40 miles from the Thacker Pass project, in Humboldt County, Nevada . The CBA establishes a framework for continued collaboration and defines the long-term benefits for the Tribe, the largest Native American community within the vicinity of the [...]
Lithium Americas Corp. provides an update on the appeal of the issuance of the Record of Decision for the Thacker Pass lithium project , located in Humboldt County, Nevada. Following the completion of briefings on August 11, 2022, the US District Court, District of Nevada has scheduled an oral hearing for January 5, 2023. "With all state and federal permits received to begin construction, the ruling on Thacker Pass' ROD [...]
Lithium Americas Corp. is pleased to announce it has entered a Strategic Collaboration Agreement with Green Technology Metals Ltd. to advance a common goal of developing an integrated lithium chemical supply chain in North America. HIGHLIGHTS Collaboration Agreement executed with GT1, a North American focused lithium exploration and development company with hard rock spodumene assets in north-west Ontario, Canada. Builds [...]