Lithium Americas is also in discussions with General Motors regarding a $2.26 billion government loan for the Nevada project, and its shares have significantly risen following the news. The U.S. government has acquired a stake in Lithium Americas, a Canadian company developing the Thacker Pass lithium project in Nevada, to bolster the domestic supply chain for critical metals. Lithium Americas’ Thacker Pass project in Nevada is forecast to become a major lithium source for a domestic industry that currently produces only small amounts of the battery metal. Lithium Americas, which produces minerals used in electric-vehicle batteries, is also in talks with automaker General Motors over the terms of its $2.26 billion government loan for a large lithium mining project it is developing in Nevada. The US-listed shares of Lithium Americas have risen 92% this year and soared 32% to $7.53 in after-hours trading Tuesday.