Thacker Pass lithium deposit

Lithium Americas Provides General Motors Transaction Details and Update on Construction Plan for Thacker Pass  

Retrieved on: 
Tuesday, January 31, 2023

In connection with the Transaction, the Company has provided an update on the construction plan for the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”), including the release of an independent National Instrument 43-101 (“NI 43-101”) feasibility study (“Feasibility Study”).

Key Points: 
  • In connection with the Transaction, the Company has provided an update on the construction plan for the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”), including the release of an independent National Instrument 43-101 (“NI 43-101”) feasibility study (“Feasibility Study”).
  • Investment also supports the Company’s previously announced Separation by creating the foundation for an independent U.S. business focused on Thacker Pass and a North American lithium supply chain (“Lithium Americas (NewCo)”).
  • Advancing Thacker Pass construction plan targeting 80,000 tonnes per annum (“tpa”) of battery-quality lithium carbonate (“Li2CO3”) production capacity in two phases of 40,000 tpa, respectively (“Phase 1” and “Phase 2”).
  • Lithium Americas has agreed to use the proceeds from the Transaction for the development of Thacker Pass.

Lithium Americas Provides Update Following Hearing on the Thacker Pass Record of Decision Appeal

Retrieved on: 
Friday, January 6, 2023

VANCOUVER, British Columbia, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides an update following a hearing held by the US District Court, District of Nevada (“Federal Court”) on January 5, 2023, for the appeal of the issuance of the Record of Decision for the Thacker Pass lithium project (“Thacker Pass”), located in Humboldt County, Nevada.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) provides an update following a hearing held by the US District Court, District of Nevada (“Federal Court”) on January 5, 2023, for the appeal of the issuance of the Record of Decision for the Thacker Pass lithium project (“Thacker Pass”), located in Humboldt County, Nevada.
  • During the hearing, the plaintiffs, the U.S. Bureau of Land Management (“BLM”) and the Company addressed final questions following the submission of briefings in August 2022.
  • The Federal Court reaffirmed no additional hearings or briefings are required and expects to issue a decision in the next couple months.
  • “Yesterday's hearing provided an opportunity to reaffirm our confidence that the permitting process for Thacker Pass was conducted thoroughly and responsibly,” commented Jonathan Evans, President and CEO.

Lithium Americas to Acquire Arena Minerals to Consolidate the Highly Prospective Pastos Grandes Basin

Retrieved on: 
Tuesday, December 20, 2022

“This Transaction will consolidate the highly prospective Pastos Grandes basin, and creates an exciting opportunity for Lithium Americas, a Canadian incorporated and headquartered company, to add incremental growth in one of the most important lithium producing regions in the world,” said Jonathan Evans, President and CEO of Lithium Americas.

Key Points: 
  • “This Transaction will consolidate the highly prospective Pastos Grandes basin, and creates an exciting opportunity for Lithium Americas, a Canadian incorporated and headquartered company, to add incremental growth in one of the most important lithium producing regions in the world,” said Jonathan Evans, President and CEO of Lithium Americas.
  • Unlocks development opportunities in the Pastos Grandes basin by combining the Pastos Grandes project and the Sal de la Puna project.
  • The Board Recommendation is made to all Arena Securityholders excluding Lithium Americas and Ganfeng Lithium (as defined herein).
  • BMO Capital Markets is acting as financial advisor to Lithium Americas, and Cassels Brock & Blackwell LLP is acting as Lithium Americas’ legal advisor.

TLC PROJECT EXPANDS LITHIUM RESOURCE AROUND CDSG WELL CLAIMS

Retrieved on: 
Wednesday, December 14, 2022

The WEL project claims are located within, and is surrounded by, the outer boundary of the TLC Project being developed by American Lithium Corp. (“American Lithium”) (LI.V) (OTCQB: LIACF).

Key Points: 
  • The WEL project claims are located within, and is surrounded by, the outer boundary of the TLC Project being developed by American Lithium Corp. (“American Lithium”) (LI.V) (OTCQB: LIACF).
  • American Lithium has done exceptional work throughout 2022 and has recently released a new NI 43-101 compliant resource for the TLC Project.
  • In its entirety, the TLC resource is now reported to contain 4.2 Million tonnes (Mt) lithium carbonate equivalent (LCE) measured, 4.63 Mt LCE indicated and 1.86 Mt LCE inferred.
  • The Lithium mineralization is hosted in shallow claystones which the US Geologic survey has identified as underlying both the TLC and WEL claims.

Lithium Americas Announces Intention to Separate into Two Leading Lithium Companies

Retrieved on: 
Thursday, November 3, 2022

The Separation will establish two separate companies that include:

Key Points: 
  • The Separation will establish two separate companies that include:
    An Argentina focused lithium company (Lithium International) owning Lithium Americas current interest in its Argentine lithium assets, including the near-production Cauchar-Olaroz lithium brine project in Jujuy, Argentina (Cauchar-Olaroz); and
    A North America focused lithium company (Lithium Americas (NewCo)) owning the Thacker Pass lithium project in Humboldt County, Nevada (Thacker Pass) and the Companys North American investments.
  • Lithium Americas (NewCo) shareholders will benefit from the value created by financing and developing one of the largest lithium resources in the U.S.
  • Lithium Americas (NewCo) and Lithium International are expected to build on the teams already in place in North America and Argentina.
  • Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production.

Lithium Americas Reports Third Quarter 2022 Results

Retrieved on: 
Thursday, October 27, 2022

Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information.

Key Points: 
  • Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information.
  • Forward-looking information also involves known and unknown risks that may cause actual results to differ materially.
  • Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that cause results to differ materially.
  • Accordingly, readers are cautioned not to place undue reliance on such forward-looking information.

Lithium Americas Reports Two Contractor Fatalities at Caucharí-Olaroz

Retrieved on: 
Monday, October 24, 2022

VANCOUVER, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) is deeply saddened to report two fatalities at its Cauchar-Olaroz lithium project (Cauchar-Olaroz) in Jujuy, Argentina on Sunday, October 23, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) is deeply saddened to report two fatalities at its Cauchar-Olaroz lithium project (Cauchar-Olaroz) in Jujuy, Argentina on Sunday, October 23, 2022.
  • Our thoughts are with their families and friends and our team in Argentina at this difficult time, said Jonathan Evans, President and CEO of Lithium Americas.
  • Lithium Americas is working alongside our team at Cauchar-Olaroz to ensure proper support, including access to grief counselling services.
  • Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production.

Lithium Americas Signs Community Benefits Agreement with Fort McDermitt Paiute and Shoshone Tribe

Retrieved on: 
Thursday, October 20, 2022

This news release contains forward-looking information and forward-looking statements (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation.

Key Points: 
  • This news release contains forward-looking information and forward-looking statements (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation.
  • All statements, other than statements of historical fact, are forward-looking information.
  • Forward-looking information also involves known and unknown risks that may cause actual results to differ materially.
  • Accordingly, readers are cautioned not to place undue reliance on such forward-looking information.

Lithium Americas Confirms Oral Hearing Schedule for the Thacker Pass Record of Decision Appeal

Retrieved on: 
Friday, October 7, 2022

All statements, other than statements of historical fact, are forward-looking information.

Key Points: 
  • All statements, other than statements of historical fact, are forward-looking information.
  • Examples of forward-looking information in this news release include, among other things, statements related to: managements views regarding the expected benefits of Thacker Pass; expected timing and outcome of litigation and regulatory proceedings concerning the Thacker Pass project; and the successful development of the Cauchar-Olaroz project, the Thacker Pass project and the Pastos Grandes project.
  • Forward-looking information also involves known and unknown risks that may cause actual results to differ materially.
  • Accordingly, readers are cautioned not to place undue reliance on such forward-looking information.

Lithium Americas Enters Strategic Collaboration Agreement with Green Technology Metals

Retrieved on: 
Tuesday, September 20, 2022

VANCOUVER, British Columbia, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) is pleased to announce it has entered a Strategic Collaboration Agreement (Collaboration Agreement) with Green Technology Metals Ltd. (ASX:GT1) (GT1) to advance a common goal of developing an integrated lithium chemical supply chain in North America.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (Lithium Americas or the Company) is pleased to announce it has entered a Strategic Collaboration Agreement (Collaboration Agreement) with Green Technology Metals Ltd. (ASX:GT1) (GT1) to advance a common goal of developing an integrated lithium chemical supply chain in North America.
  • Builds upon Lithium Americas previous strategic equity investment in GT1 of US$10 million and established collaboration framework.
  • Following Lithium Americas strategic equity investment of US$10 million in April 2022 and entry into an initial non-binding collaboration framework agreement with GT1, this Collaboration Agreement provides non-exclusive rights for Lithium Americas and GT1 to undertake collaborative activities.
  • There are no conditions precedent to the Collaboration Agreement and the Collaboration Agreement can be mutually terminated for convenience by 30 days notice.