Lithium Americas Corp. stands as North America’s leading lithium development company, focusing on the advancement of the Thacker Pass project in Humboldt County, Nevada. The site represents the largest measured lithium reserve globally and is strategically positioned to supply essential battery-quality lithium carbonate for North American markets. Listed on both the Toronto Stock Exchange (TSX: LAC) and New York Stock Exchange (NYSE: LAC), the company operates with a clear mission to strengthen domestic mineral production while maintaining environmental responsibility.
Battery Technology
The company’s emphasis lies in producing premium-grade lithium carbonate, essential for manufacturing lithium-ion batteries used in electric vehicles and energy storage systems. Their state-of-the-art Lithium Technical Development Center in Reno, Nevada, serves as a validation hub for the Thacker Pass flowsheet and production capabilities. This facility has earned ISO-9001:2015 certification, confirming its adherence to international quality standards.
The Thacker Pass project is designed to achieve a total nominal production capacity of 160,000 tons annually, with an estimated operational lifespan of 85 years. The extraction and processing methods implemented at Thacker Pass incorporate advanced technologies to ensure efficient lithium recovery while minimizing environmental impact. This approach allows for consistent production of high-purity lithium carbonate that meets strict specifications required by battery manufacturers.
Recent Projects
In 2024, Lithium Americas formed a significant joint venture with General Motors to advance the Thacker Pass project. This partnership encompasses funding, development, construction, and operational aspects of the site. Additionally, the company secured a substantial $2.26 billion loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing Program, marking one of the largest investments in domestic lithium production.
Investors
The company maintains strong financial backing through strategic partnerships and investments. General Motors stands as a primary partner through the joint venture agreement for Thacker Pass. The U.S. Department of Energy has demonstrated significant support through its Advanced Technology Vehicle Manufacturing Program. Additional institutional and retail investors hold positions through the company’s public listings on the TSX and NYSE.
Business Details
Location: Vancouver, British Columbia, Canada
Website: https://lithiumamericas.com
LinkedIn: https://www.linkedin.com/company/98227808
