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Benzinga
Benzinga
Business
Surbhi Jain

Trump's Mineral Gambit After Lithium Americas—These Names Could Be Next

Donald Trump Lithium Americas MP lithium LAC Department of Energy DOE Lithium Americas Corp Mining Nevada
Donald Trump

The Trump administration‘s recent move to acquire up to a 10% equity stake in Lithium Americas Corp (NYSE: LAC) has sent shockwaves through the mining sector. This strategic investment aims to bolster domestic production of critical minerals, particularly lithium, by renegotiating a $2.26 billion Department of Energy (DoE) loan for the Thacker Pass project in Nevada.

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