Mining Policy

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Lithium Americas Shares Slide as U.S. Government, GM Restructure Thacker Pass Stake

Shares of Lithium Americas (TSX:LAC) fell sharply following the formalization of new funding agreements with the Department of Energy and General Motors for the Thacker Pass project. The deals grant the DOE discounted warrants and a stake in the venture, reshaping its capital structure and cementing federal involvement, while raising fresh questions about dilution and execution risks for the pre-revenue miner.