Business
Lithium Americas Comments on Share Price Movement
VANCOUVER, British Columbia, September 24, 2025--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is responding today to media reports pertaining to the status of its previously announced $2.26 billion loan from the U.S. Department of Energy (the "DOE" / "DOE Loan").
About this update from Lithium Americas Corp.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/d76d744e5cdb9a22416fe96748aaa565"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/CAXcclpMGCIYllntFo_sBQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/d76d744e5cdb9a22416fe96748aaa565","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/WIPrI1kPMCaVpsGANkPYQg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/d76d744e5cdb9a22416fe96748aaa565","width":1024,"height":512}},"lazy":false},{"type":"text","content":"(All amounts in US$ unless otherwise indicated)","length":47,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, British Columbia, September 24, 2025--(BUSINESS WIRE)--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is responding today to media reports pertaining to the status of its previously announced $2.26 billion loan from the U.S. Department of Energy (the "DOE" / "DOE Loan").","length":359,"tagName":"p"},{"type":"text","content":"The Company is in discussions with the DOE and General Motors Holdings LLC ("GM"), its joint venture partner in the Thacker Pass lithium project ("Thacker Pass" or the "Project"), regarding first draw on the DOE Loan. The topics of these discussions include certain conditions precedent to draw on the DOE Loan and associated loan specifics, as well as incremental requests from the DOE for potential further conditions to first draw and/or potential amendments to the DOE Loan and associated transaction documents, including corresponding consideration. The Company continues to work with the DOE and GM regarding proposals for a mutually agreeable resolution.","length":691,"tagName":"p"},{"type":"text","content":"ABOUT LITHIUM AMERICAS","length":22,"tagName":"p"},{"type":"text","content":"Lithium Americas is developing Thacker Pass located in Humboldt County in northern Nevada, which hosts the largest known measured lithium resource (Measured and Indicated) and reserve (Proven and Probable) in the world. Thacker Pass is owned by a joint venture between Lit...