US Stock Movement | Lithium plummets over 14% amid reports of potential changes to US government's equity investment plan

On Friday, Lithium Americas fell more than 14%, following a surge of 140% in the previous two trading days, indicating technical correction pressure. According to market news, the U.S. Department of Energy is considering readjusting the $2.3 billion loan to Lithium Americas. Analysts from the National Bank of Canada Financial Markets stated that the most likely scenario is to issue warrants to the U.S. at 5% to 10%, involving the company or its sole project in Nevada. Previously, on September 24, media reports indicated that the Trump administration sought to acquire up to a 10% stake in Lithium Americas as part of renegotiating the $2.26 billion loan from the U.S. Department of Energy