NYSE:LAAC 6 October 2025

U.S. Government Takes a Stake: The headline news propelling Lithium Americas in early October 2025 is the U.S. Department of Energy’s decision to take equity stakes in the company and its flagship project. On Oct 1, LAC announced a non-binding deal in principle with the DOE and GM to draw an initial $435 million from a previously approved federal loanlithiumamericas.comlithiumamericas.com. In return, the DOE will receive warrants for 5% of Lithium Americas’ common shares and a 5% non-voting interest in the Thacker Pass JV on similar termslithiumamericas.com. This effectively gives the U.S. government a minority stake in both the company and the mine, at a nominal cost, as part of renegotiating the $2.26 billion loan packagereuters.comreuters.com.