Lithium Americas Corp
LAC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&h&VCR< | LOCK|Xd | LOCK|&gFR@h |
Lithium Americas: Energy Department Wants to Revisit Loan Terms for Flagship Project
Bloomberg reported that the US Department of Energy is reevaluating a USD 2.3 billion loan to fund the majority of construction on the Thacker Pass project, which is owned 62% by Lithium Americas and 38% by General Motors. Lithium Americas shares were down 7% in early trading on Sept. 23.
