Earnings summaries and quarterly performance for LITHIUM AMERICAS.
Executive leadership at LITHIUM AMERICAS.
Jonathan Evans
Detailed
President and Chief Executive Officer
CEO
AZ
Alexi Zawadzki
Detailed
Vice President, Resource Development
AH
April Hashimoto
Detailed
Senior Vice President, Finance and Administration
AB
Aubree Barnum
Detailed
Vice President, Human Resources
EG
Edward Grandy
Detailed
Senior Vice President, General Counsel and Corporate Secretary
KD
Kelvin Dushnisky
Detailed
Executive Chair
LC
Luke Colton
Detailed
Executive Vice President and Chief Financial Officer
RG
Richard Gerspacher
Detailed
Executive Vice President, Capital Projects
TC
Tim Crowley
Detailed
Vice President, Government and External Relations
Board of directors at LITHIUM AMERICAS.
Research analysts covering LITHIUM AMERICAS.
Recent press releases and 8-K filings for LAC.
Lithium Americas Sets 2026 Capital Spending Guidance for Thacker Pass Project
LAC
Guidance Update
New Projects/Investments
- Lithium Americas (LAC) has provided 2026 capital spending guidance of $1.3 billion–$1.6 billion for Phase 1 of its Thacker Pass lithium project in Nevada, with $1.2 billion–$1.5 billion allocated to construction.
- At year-end 2025, detailed engineering for the project was approximately 93% complete and procurement 60% complete, with a planned peak construction workforce of about 1,800 in 2026.
- The company is targeting mechanical completion of the 40,000-tonne-a-year lithium carbonate plant in late 2027, with a full ramp through 2028.
- The U.S. Department of Energy acquired a 5% equity stake in Lithium Americas and a separate 5% stake in the Thacker Pass project last year, complementing a $2.23 billion loan.
Feb 19, 2026, 12:04 PM
Lithium Americas Updates on Thacker Pass Project and 2026 Capex Guidance
LAC
Guidance Update
New Projects/Investments
- Lithium Americas provided 2026 capital expenditure guidance for its Thacker Pass Phase 1 project, targeting a range of $1.3 billion to $1.6 billion.
- As of December 31, 2025, detailed engineering design for Thacker Pass Phase 1 was 93% complete, with procurement at 60% completion. The project expects to reach peak construction employment of approximately 1,800 skilled craftspeople by year-end 2026.
- Key 2026 development milestones include the delivery of major long-lead equipment in the first half, completion of main concrete in Q3 2026, and the commencement of early commissioning of individual plants in Q4 2026.
- The Thacker Pass Phase 1 project, a joint venture with General Motors, is designed for a nominal production capacity of 40,000 tonnes per year of battery-quality lithium carbonate, with mechanical completion targeted for late 2027 and full ramp-up through 2028.
Feb 19, 2026, 11:55 AM
Lithium Americas Corp. Finalizes Agreements and Issues Warrants to U.S. Department of Energy
LAC
New Projects/Investments
- Lithium Americas Corp. (LAC Parent) and Lithium Nevada Ventures LLC (JV) executed a Put, Call and Exchange Agreement and related warrants with the United States Department of Energy (DOE) and General Motors Holdings LLC (GM) on January 30, 2026.
- The DOE received penny warrants representing 5% of the common equity in LAC Parent and 5% of the economic interests in the JV.
- These actions were taken to fulfill a requirement from an Omnibus Waiver, Consent and Amendment No. 2, which mandated delivery of these warrants by January 31, 2026.
- Securities issuable upon the exercise of these warrants are restricted from trading before May 31, 2026.
Feb 3, 2026, 11:01 AM
Lithium Americas Gains Attention Amidst Rising Lithium Prices and Market Shift
LAC
New Projects/Investments
Revenue Acceleration/Inflection
- The lithium market is poised for a significant shift, with demand expected to more than double by the end of the decade and a transition from surplus to deficit anticipated to begin in 2026, driving firmer lithium prices.
- Lithium Americas (LAC) is gaining attention due to rising lithium prices and significant government investments, with its future positively influenced by policy changes and rebounding global demand.
- The company's Thacker Pass lithium project is expected to commence initial production in 2027 and has secured strategic investments from the U.S. Department of Energy and General Motors.
- The global lithium market is projected to grow substantially, from $13.9 billion in 2024 to $55.5 billion by 2032.
Jan 15, 2026, 1:45 PM
Lithium Americas Corp. Files Q3 2025 Report and Provides Thacker Pass Project Update
LAC
New Projects/Investments
Earnings
- Lithium Americas Corp. (LAC) filed its Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2025.
- The company provided an update on its Thacker Pass lithium project, confirming the receipt of the first DOE Loan drawdown from the U.S. Department of Energy.
- Construction at the Thacker Pass project is progressing, with approximately 700 workers on-site and over 80% of detailed engineering complete.
Dec 8, 2025, 2:50 PM
Lithium Americas Corp. establishes At-The-Market equity program
LAC
Equity Offering
New Projects/Investments
- On November 13, 2025, Lithium Americas Corp. entered into an Equity Distribution Agreement with TD Securities (USA) LLC to establish an At-The-Market (ATM) Program.
- Under this program, the company may offer and sell common shares with an aggregate offering price of up to US$250,000,000.
- The company will pay the Agent a commission of up to 3.0% of the gross proceeds from each sale of common shares.
- The net proceeds from any offerings are intended for general corporate purposes, which may include funding corporate and project overhead expenses, financing of capital expenditures, repayment of indebtedness, and additions to working capital.
Nov 13, 2025, 10:06 PM
Lithium Americas Reports Q3 2025 Results and Project Advancements
LAC
Earnings
New Projects/Investments
Debt Issuance
- Lithium Americas reported a net loss of $223.9 million and basic loss per share of $0.98 for the nine months ended September 30, 2025, with $385.6 million in cash and restricted cash as of that date.
- The Thacker Pass project is progressing, with over 80% of detailed engineering complete as of September 30, 2025, and mechanical completion of the Phase 1 processing plant is targeted for late 2027.
- During Q3 2025, $145.9 million in construction capital costs were capitalized, bringing the total capitalized costs to $720.0 million as of September 30, 2025.
- Subsequent to Q3 2025, the company received its first drawdown of $435 million from the $2.23 billion DOE Loan and completed two at-the-market equity programs, raising $57.5 million (Q3 2025) and $246.4 million (October 2025) in net proceeds.
- Additionally, $97.5 million of convertible notes were converted into 25.79 million common shares in October 2025.
Nov 13, 2025, 11:55 AM
Lithium Americas Corp. announces Q3 2025 results and Thacker Pass project update
LAC
Earnings
New Projects/Investments
Debt Issuance
- Lithium Americas Corp. announced its Q3 2025 results and reported significant progress on its Thacker Pass lithium project, with over 80% of detailed engineering complete as of September 30, 2025, and mechanical completion of Phase 1 targeted for late 2027.
- The company capitalized $145.9 million in construction costs during Q3 2025, contributing to a total of $720.0 million capitalized as of September 30, 2025.
- As of September 30, 2025, Lithium Americas held $385.6 million in cash and restricted cash.
- Subsequent to Q3 2025, the company secured substantial funding, including a $435 million first drawdown on the $2.23 billion DOE Loan and $246.4 million net proceeds from the October 2025 ATM Program. Additionally, $97.5 million in convertible notes were converted into 25.79 million common shares in October 2025.
- The net loss for the nine months ended September 30, 2025, increased to $223.9 million from $21.4 million in the comparable prior-year period, primarily due to a non-cash loss on the change in fair value of an embedded derivative.
Nov 13, 2025, 11:30 AM
Lithium Americas Secures Initial DOE Loan Drawdown for Thacker Pass Project
LAC
New Projects/Investments
Debt Issuance
- The lithium market is projected to grow from an estimated $5.17 billion in 2024 to $12.18 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.1% during 2025-2035, driven by increasing demand from electric vehicles and renewable energy storage solutions.
- Lithium Americas Corp. (NYSE: LAC) has received its first drawdown of $435 million from a $2.23 billion guaranteed loan from the U.S. Department of Energy (DOE) Loan Programs Office to finance the construction of processing facilities at its Thacker Pass Project in Nevada.
- The Thacker Pass Project, currently under construction by Lithium Americas, is situated in the McDermitt Caldera, which is recognized as one of the largest emerging lithium districts in the U.S..
- Jonathan Evans, President and CEO of Lithium Americas, stated that the Thacker Pass Project is progressing rapidly and is crucial for building a U.S.-domestic lithium supply chain.
Oct 30, 2025, 12:45 PM
Lithium Americas Receives First Drawdown from DOE Loan for Thacker Pass
LAC
New Projects/Investments
Debt Issuance
- Lithium Americas Corp. received its first drawdown of $435 million from a $2.23 billion guaranteed loan from the U.S. Department of Energy (DOE).
- This loan is designated to finance the construction of processing facilities at the Thacker Pass project in Humboldt County, Nevada.
- The total DOE Loan includes $1.97 billion in principal and $256 million in estimated capitalized interest during construction, with scheduled repayments expected to commence in January 2029.
- The Thacker Pass project, which holds the world's largest known measured lithium resource, is focused on advancing Phase 1 toward production, targeting a nominal design capacity of 40,000 tonnes per year of battery-quality lithium carbonate.
Oct 20, 2025, 10:08 PM
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