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The Independent UK
The Independent UK
National
Michelle Chapman

US takes a minority stake company operating one of world's largest lithium mines in Nevada

Trump Lithium Mine - (Copyright 2023 The Associated Press. All rights reserved.)

The U.S. government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada.

The Department of Energy will take a 5% equity stake in the miner, which is based in Vancouver. It will also take a 5% stake in the Thacker Pass lithium mining project, a joint venture with General Motors.

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