Lithium Americas Stock Jumps As Thacker Pass Turns Into America’s Big Lithium Test
Lithium Americas shares rose 13% Monday, closing at $5.26 with over 19 million shares traded, as focus returned to its Thacker Pass lithium project in Nevada. The company targets late 2027 for mechanical completion and aims to ramp up commercial production through 2028. Capital spending for 2026 is projected at $1.3–$1.6 billion. The U.S. government holds a 5% stake and has backed the project with a $2.23 billion loan.