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Lithium Booming as U.S. Government Seeks to Negotiate an Equity Stake in U.S. Biggest Lithium Mine
PALM BEACH, Fla., Sept. 25, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary -...
About this update from Standard Lithium Ltd.
[{"type":"text","content":"Lithium Booming as U.S. Government Seeks to Negotiate an Equity Stake in U.S. Biggest Lithium Mine\n\n\n\n PALM BEACH, Fla., Sept. 25, 2025 (GLOBE NEWSWIRE) --\n \n\n FN Media Group\n \n\n\n News Commentary\n \n - Lithium is a critical mineral needed to produce batteries, which are vital for America's national security and economic resilience. The current\n \n EV battery supply chain\n \n has a global footprint, with battery minerals traveling an average of 50,000 miles from extraction to battery cell production. The U.S. currently produces less than 1% of the global supply of lithium. An over reliance on foreign critical minerals could jeopardize U.S. defense capabilities,\n \n infrastructure development and technological innovation\n \n . Lithium Americas has previously closed a $2.26 billion loan from the U.S. Department of Energy under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass.\n \n According\n \n to Reuters, Washington is seeking an equity stake of as much as 10% in Lithium Americas as it renegotiates terms of the company's\n \n $2.26 billion Energy Department loan\n \n for its Thacker Pass lithium project with General Motors, two people familiar with the discussions told Reuters. The proposed stake is the latest example of the Trump administration intervening directly in the American economy as it has in taking stakes in Intel MP Materials and other U.S. tech and minerals firms to promote industries it sees as critical to national security. The project has long been touted by both Republicans and Democrats as a key way to boost U.S. critical minerals production and cut reliance on China, the world's largest lithium processor. Active Companies in the mining industry this week include\n \n US Critical Metals Corp.\n \n (OTCQB: USCMF) (CSE: USCM),\n \n Lithium Americas Corp.\n \n (NYSE: LAC) (TSX: LAC),\n \n Albemarle Corporation\n \n (NYSE: ALB),\n \n Standard Lithium Ltd.\n \n (NYSE American SLI) (TSXV: SLI),\n \n Sigma Lithium Corporation\n \n (NASDAQ: SGML).\n \n\n The loan has a 24-year term, with interest rates based on the U.S. Treasury rate as each tranche is drawn. The first draw on the loan was slated to be made earlier this month but Washington officials sought to renegotiate terms amid concerns about the company...