Lithium Americas Corp. (TSE:LAC) has released an update.
Lithium Americas Corp. is gearing up for major construction at the Thacker Pass lithium project in Nevada, following the completion of site preparation and detailed engineering. The company secured a $2.26 billion loan from the U.S. Department of Energy and raised $263 million from a public share offering to fund the project, which is crucial for supporting the global shift to clean energy. These developments have positioned Lithium Americas to commence construction in the second half of 2024, with a focus on sustainable operations and safety.
For further insights into TSE:LAC stock, check out TipRanks’ Stock Analysis page.
