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Adam Eckert

Lithium Americas (LAC) Stock Is Soaring After Hours: Here's Why

Lithium Americas LAC lithium

Lithium Americas

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.

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