Lithium americas provides a thacker pass construction plan update

(all amounts in us$ unless otherwise indicated) vancouver, british columbia, march 14, 2024 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) provides a construction plan update for its thacker pass lithium project located in humboldt county, nevada (“thacker pass” or the “project”). highlights lithium americas has received a conditional commitment (“conditional commitment”) from the u.s. department of energy (“doe”) for a $2.26 billion loan under the advanced technology vehicles manufacturing (“atvm”) loan program (the “loan”) for financing the construction of the processing facilities at thacker pass, targeting to produce an initial 40,000 tonnes per year (“tpa”) of battery grade lithium carbonate (“phase 1”).
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