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Trump Admin Seeks 10% Equity Stake In Lithium Americas
['Tyler Durden']
Zero Hedge
The Trump administration is looking to take some equity ownership of another large publicly traded company.
As Bloomberg reports, the record-high loan to Lithium Americas Corp., finalized in 2024, would have provided most of the capital for the construction of a processing plant adjacent to the company’s Thacker Pass mine, on one of country’s largest lithium deposits.
Now, Reuters is reporting that, according to two people familiar with the discussions, the Trump administration is seeking an equity stake of as much as 10% as part of the loan negotiation.
Free money for some of these guys though, maybe...
Following the Intel deal, this morning's US Antimony deal, and now the Lithium Americas deal, the industrial-government complex is doing very well.
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