24/7 Market News Snapshot 24 September, 2025 – Lithium Americas Corp. (NYSE:LAC)

September 24, 2025

DENVER, Colo., 24 September, 2025 (www.247marketnews.com) – (NYSE:LAC) are discussed in this article.
Lithium Americas Corp. (LAC) has emerged as a significant player in the lithium production sector, currently experiencing remarkable trading activity. The company’s shares have surged by 70.16%, now positioned at $5.224 compared to the previous close of $3.070, with a substantial trading volume of 8.31 million shares. This rapid increase is indicative of robust investor interest and confidence, potentially reflecting broader market optimism driven by the escalating demand for lithium in the energy market.

In conjunction with this positive market reception, Lithium Americas has confirmed ongoing discussions with the U.S. Department of Energy (DOE) and General Motors Holdings LLC (GM), its joint venture partner, regarding a noteworthy $2.26 billion loan aimed at advancing the Thacker Pass lithium project. The negotiations center on critical conditions for the initial disbursement of the DOE loan, with the Company actively addressing additional requests from the DOE that may involve amendments to the agreement.

The Thacker Pass project is recognized for its significant lithium resource, expected to bolster the production of battery-quality lithium carbonate at a nominal design capacity of 40,000 tonnes per year. This initiative not only aligns with the growing demand for sustainable battery materials but also promises to create approximately 2,000 direct jobs, contributing to economic growth and benefiting local communities.

As Lithium Americas progresses with its preparations for production, stakeholders and investors are encouraged to remain updated on the project’s developments. The company is committed to fostering strategic partnerships that enhance operational efficiency while maintaining an optimistic outlook towards the prospects of the Thacker Pass project. The shares of Lithium Americas are publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol LAC.

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