Lithium Americas Corp. has reported its financial and operating results for the nine months ended September 30, 2024 and has filed its condensed consolidated interim financial statements and management's discussion and analysis . Jonathan Evans, President and Chief Executive Officer of Lithium Americas said, "This past year has been pivotal in moving Thacker Pass forward toward production, including entering into a new [...]
Consolidated Q3 2024 Highlights: Operating profit of $19.7 million compared with Q3 2023 $6.3 million operating loss Q3 2024 includes $13.6 million of business interruption insurance income Net income of $15.6 million versus Q3 2023 net loss of $3.8 million NACCO Industries® today announced the following consolidated results for the three months ended September 30, 2024. Comparisons in this news release are to the three [...]
TORONTO, Oct. 29, 2024 /CNW/ - Trading resumes in: Company: Lithium Americas Corp. TSX Symbol: LAC All Issues: No Resumption : 10:21:25 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]
TORONTO, Oct. 29, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Lithium Americas Corp. TSX Symbol: LAC All Issues: No Reason: Single Stock Circuit Breaker Halt Time : 10:16:25 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Lithium Americas Corp. is pleased to announce the closing of a $2.26 billion loan from the U.S. Department of Energy's Loan Programs Office under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada . HIGHLIGHTS The DOE Loan for $2.26 billion will have interest rates fixed from the date of each monthly [...]
Lithium Americas Corp. announced the Company and General Motors Holdings LLC have entered into a new investment agreement to establish a joint venture for the purpose of funding, developing, constructing and operating Thacker Pass in Humboldt County, Nevada . The JV Transaction will deliver $625 million of cash and letters of credit from GM to Thacker Pass alongside the conditional commitment for a $2.3 billion U.S [...]
Lithium Americas Corp. announces the Company and General Motors Holdings LLC have agreed to extend the outside date for the second tranche subscription agreement until the end of the year. Along with the extension, GM has reaffirmed its intention to complete the additional $330 million investment to support development of Thacker Pass, which is the largest known Measured and Indicated lithium resource in North America [...]
Lithium Americas Corp. has reported its financial and operating results for the six months ended June 30, 2024 and has filed its condensed consolidated interim financial statements and management's discussion and analysis . HIGHLIGHTS Thacker Pass On March 12, 2024, the Company received from the U.S. Department of Energy a conditional commitment for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing [...]
Consolidated Q2 2024 Highlights: Operating profit of $7.4 million increased from $1.8 million in Q2 2023 Includes $4.5 million gain on sale of an asset Income before taxes of $6.2 million increased from $3.3 million in Q2 2023 Net income of $6.0 million, or $0.81/share versus $2.5 million, or $0.34/share, in Q2 2023 NACCO Industries® today announced the following consolidated results for the three months ended June 30 [...]
Lithium Americas Corp. announced the results from its annual general and special meeting held on May 24, 2024 . Each of the following eight nominees was elected as a Director of the Company: Director Nominees Votes For Votes Withheld Kelvin Dushnisky 45,768,333 2,204,376 Michael Brown 46,792,466 1,180,243 Fabiana Chubbs 46,567,741 1,404,969 Jonathan Evans 46,703,884 1,268,823 Dr. Yuan Gao 46,872,455 1,100,253 Zach Kirkman [...]
Lithium Americas Corp. has reported its financial and operating results for the three months ended March 31, 2024 and has filed its condensed consolidated interim financial statements and management's discussion and analysis . HIGHLIGHTS Thacker Pass Site preparation for major earthworks has been completed and Thacker Pass is prepared for the commencement of major construction, expected in the second half of 2024. The [...]
Lithium Americas announced the closing of its previously announced underwritten public offering of its common shares. The Company issued 55,000,000 Common Shares, issued at a price of $5.00 per Common Share, for aggregate gross proceeds to the Company of $275,000,000. The net proceeds from the Offering are intended to be used to fund the advancement of construction and development of the Company's Thacker Pass lithium [...]
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