Lithium Americas rises as DoE restructures deal, secures Thacker Pass equity stake

MSN
2025.10.01 14:32
portai
I'm PortAI, I can summarize articles.

Lithium Americas (NYSE:LAC) shares rose by 19.7% in early trading after the U.S. Department of Energy restructured its $2.26 billion loan deal. The agreement allows for an initial draw of $435 million and defers $182 million in debt service for the first five years. This restructuring is expected to support the company's financial position and project advancement.