$LCA 6:01 PM EDT, September 30, 2025 (Benzinga Newswire)
Lithium Americas Corp (NYSE:LAC) shares are surging in extended trading on Tuesday following reports that the U.S. government WILL invest in the company.
What Happened: The U.S. government has agreed to take a 5% stake in Lithium Americas to help support the company as it develops the Thacker Pass lithium project in Nevada, according to Bloomberg.
The deal comes after the Trump administration announced a $400 million investment in MP Materials in July in an effort to shore up the domestic supply chain for critical metals used in multiple industries. The investment in Lithium Americas is the administration’s latest move to reduce foreign dependency in the rare earth supply chain.
Lithium Americas shares surged last week after the company confirmed it was in discussions with the U.S. government and General Motors. GM owns a 38% stake in the Thacker Pass project.
From 1/22/2024, looking back across 22 Month-Ends for LCA, Percentage Change of Average Monthly Price had More Positives (62%) while Percentage Change of Average Monthly Volume had All Positives (100%) $LCA #LCA #LCAStock #TickerDD #LCAPrice https://www.youtube.com/watch?v=9Yy6k9ILpSg
From 2/13/2023, looking back across 22 Month-Ends for LCA, Percentage Change of Average Monthly Price had More Positives (62%) while Percentage Change of Average Monthly Volume had All Positives (100%) $LCA #LCA #LCAStock #TickerDD #LCANews https://www.youtube.com/watch?v=Z98tSjFFdPk
