Trump moves toward deal to give US an equity stake in company developing Nevada lithium mine

Photo: Thacker Pass Lithium Mining – February 2025. Photo credit: Lithium Americas via USGS.gov. Public Domain. Article by Matthew Daly. AP News – September 26, 2025.

WASHINGTON (AP) — The White House is moving forward with a deal that would allow the U.S. government to take a small equity stake in a Canadian company that is developing one of the world’s largest lithium mines in northern Nevada, an official said. The Department of Energy and Lithium Americas, developer of the proposed Thacker Pass lithium mine and processing plant about 200 miles north of Reno, have agreed on changes to a $2.3 billion federal loan that could allow the project to move forward […]

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