Lithium Americas Corp. announced the pricing of its previously announced underwritten public offering of 55,000,000 of its common shares at a price to the public of $5.00 per Common Share for aggregate gross proceeds to the Company of $275,000,000. The Offering is being conducted through a syndicate of underwriters led by Evercore ISI, Goldman [...]
Lithium Americas Corp. announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares in an underwritten public offering . All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market and other conditions, and there can be no assurance as to [...]
Lithium Americas Corp. , formerly Lithium Americas Corp. , today announced fourth quarter and full year 2023 results, as well as its 2024 outlook. Highlights On March 18, 2024, Sam Pigott commenced as President and CEO of the Company. John Kanellitsas will remain Executive Chairman of the Company. On March 19, 2024, Sam Pigott and Monica Moretto [...]
Lithium Americas Corp. announces the appointment of Monica Moretto as an independent member of its board of directors who will join effective immediately along with Sam Pigott who was recently appointed as President and Chief Executive Officer. The Board now counts eight members, five of whom are independent. Mr. Kanellitsas, Executive Chair of the [...]
Lithium Americas Corp. has reported its financial and operating results for the fourth quarter and year ended December 31, 2023 and has filed its audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2023. The Company is also providing an update on its Thacker Pass lithium project in [...]
Thacker Pass Update: Conditional Commitment for $2.3 billion DoE Loan Trident Royalties Plc , the diversified mining royalty company, is pleased to note recent positive announcements by Lithium Americas Corp. in relation to its Thacker Pass Lithium Project . Trident holds a net 1.05% gross revenue royalty over Thacker Pass . U.S. Government [...]
Lithium Americas Corp. provides a construction plan update for its Thacker Pass lithium project located in Humboldt County, Nevada . HIGHLIGHTS Lithium Americas has received a conditional commitment from the U.S. Department of Energy for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing Loan Program for financing the [...]
Lithium Americas Corp. has received a conditional commitment from the U.S. Department of Energy for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing Loan Program for financing the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada . HIGHLIGHTS Based on the terms of the Conditional [...]
Consolidated Q4 2023 Highlights: Operating loss of $67.4 million versus operating profit of $15.5 million in 2022 Includes non-cash asset impairment charge of $65.9 million triggered by significant unplanned outage at the power plant served by the Red Hills Mine Net loss of $44.0 million compared with net income of $13.8 million in 2022 Adjusted [...]
Lithium Americas Corp. is pleased to announce it and certain of its subsidiaries have executed a definitive agreement with a subsidiary of Ganfeng Lithium Co. Ltd. whereby Ganfeng Lithium agrees to acquire $70 million in newly issued shares of Proyecto Pastos Grandes S.A. , the Company's indirect wholly-owned Argentinian subsidiary holding the [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, March 18, 2024: S&P/TSX COMPOSITE INDEX - March 18, 2024 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED MDA Ltd. Industrials Aerospace & Defense DELETED Lithium Americas Corp. Materials [...]
Lithium Americas Corp. announces the Board's unanimous decision to appoint Sam Pigott as President and Chief Executive Officer which will become effective on March 18, 2024. Mr. Pigott will also join the Board of Directors of Lithium Argentina. He will succeed John Kanellitsas, Executive Chairman, President and Interim CEO of the Company, who will [...]