Lithium Americas Corp
LAC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#?&yr? | LOCK|?> | LOCK|q$?c&@@ |
Lithium Americas: US Government Takes 5% Stake in Project and 5% Stake in Company
Lithium Americas announced a new deal with the US government that modified its US Department of Energy loan. Under the new deal, the US government will have warrants to own a 5% stake in the Thacker Pass project and a 5% stake in the company. Shares were up 27% at the time of writing Oct. 1.
