Sept 30 (Reuters) - The U.S. Department of Energy will
take a 5% stake in Lithium Americas ( LAC ) and a separate 5%
stake in the company's Thacker Pass lithium mine joint venture
with General Motors ( GM ), according to a source familiar with
negotiations.
Reuters reported last week that Trump administration
officials were in discussions with Lithium Americas ( LAC ) about an
equity stake in the company as they renegotiated terms of a
$2.26 billion government loan for the mine, slated to become the
largest source of the battery metal lithium in the Western
Hemisphere.