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Trump administration wants 10% stake in American lithium miner that sells to GM

The Trump administration is seeking up to a 10% stake in Lithium Americas, the largest planned lithium mine in the Western Hemisphere, in exchange for extending a $2.26 billion DOE loan. This follows similar government investments in Intel and MP Materials. The Nevada-based mine, already permitted under Trump, will supply lithium for up to 800,000 electric vehicles annually. GM, a major investor in Lithium Americas, secured rights to a significant portion of the mine's output.

Prepared by Christopher Adams and reviewed by editorial team.

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