Lithium Americas has selected ABB as the electrification partner for its Thacker Pass project in Nevada, home to North America’s largest known measured lithium resource. As demand for electric vehicles and energy storage accelerates, Thacker Pass is set to help strengthen the U.S. domestic lithium supply chain. Once operational, it will produce up to 40,000 metric tons of lithium carbonate…
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Government buying into Thacker Pass?
As this editor began brainstorming topics of discussion for this issue’s editor letter, my brain rushed to two things: our upcoming events, and also a significant piece of news as it relates to the future of the lithium sector. First things first: there is a good chance that, as you read this, you are preparing for or sitting in your…
Read MoreU.S. government obtains stake in Lithium Americas
U.S. Department of Energy (DOE) Secretary Chris Wright announced the Loan Programs Office has restructured its deal with Lithium Americas with support from General Motors. The new terms provide the government with 5% equity ownership in the form of Lithium Americas warrants as well as an additional 5% ownership in the form of warrants in the Lithium Americas/GM joint venture.…
Read MoreLithium Americas announces FID for Thacker Pass Phase 1
Lithium Americas and its joint venture partners on the Thacker Pass project in Humboldt County, Nev., have confirmed the final investment decision for the first phase of the project as it receives a previously announced $250 million investment from fund entities managed by Orion Resource Partners. Company officials said that, as part of that closing, Orion purchased senior unsecured convertible…
Read MoreThacker Pass project gets financial boost
Lithium Americas has scored a strategic investment of $250 million from global investment firm Orion Resource Partners for the development and construction of Phase 1 of the Thacker Pass lithium project in Humboldt County, Nev. “Orion’s long-term investing horizon and experience with resource development makes them an excellent partner for Lithium Americas and Thacker Pass and contributes to our strong…
Read MoreA year of transformation ahead
It has arrived – the end of 2024. It has been quite a year for mining and the nation. As we set our sights on 2025 with optimism, as well as a new American leader in the returning energy-friendly president Donald Trump, we can pick up the pen to begin charting the nation’s new chapter. NAM has its sights set…
Read MoreMining getting backed by – the U.S. government?
Having the government’s help with anything involving mining has been difficult if not impossible for, well, much of recent memory. In fact, there have arguably been more attempts to squash the industry than to help it. From the files of “news we did not think we’d hear today” comes a recent announcement that the U.S. Department of Energy will be…
Read MoreThacker Pass moving ahead after favorable ROD
Canadian miner Lithium Americas has confirmed a favorable ruling from the U.S. District Court for the issuance of a Record of Decision (ROD) for the Thacker Pass operation in Nevada. The ruling from February 6 largely affirms previous decisions following challenges by environmental and other groups for the Humboldt County operation. “The favorable ruling by the Federal Court confirms the…
Read MoreBechtel awarded EPCM for Thacker Pass
Lithium Americas, developer of the Thacker Pass project in Nevada’s Lithium Valley, has selected Bechtel for the complex’s engineering, procurement and construction management (EPCM) contract while all await the project’s final regulatory Record of Decision. Lithium Americas President and CEO Jonathan Evans said the selection of Bechtel is a “significant milestone” in advancing the Orovada, Nev., mine toward production. The…
Read MoreLithium Americas opens technical development center
Lithium Americas held a ribbon-cutting ceremony in late July for its new Lithium Technical Development Center (LiTDC) in Reno, Nev., which was developed to demonstrate the chemical process designed for the miner’s Thacker Pass lithium project in an integrated process testing facility. The 30,000-square-foot LiTDC will support ongoing optimization work, confirm assumptions in the design and operational parameters, and provide…
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