Some big, exciting news today out of Nevada!
LAC was just awarded a $2.26B ATVM loan from the federal govt for its Thacker Pass project, with buy-in from GM, too.
I’ve been buying shares of LAC since December 2023, after doing research for my job on resource mining and first discovered this project and the plans. In my eyes, this is a solid, no-brainer, non-partisan 20-40yr play that’s super cheap right now.
Read about it for yourself here: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/630-tsx/lac/169415-lithium-americas-closes-2-26-billion-u-s-doe-atvm-loan.html
And here: https://www.reuters.com/markets/commodities/us-energy-dept-finalizes-226-billion-loan-lithium-americas-nevada-mine-2024-10-28/
(Not official investment advice and I’m not a financial advisor!)