Investing.com -- Shares of Lithium Americas surged over 80% in after-hours trading Tuesday, climbing above $5.6 to levels not seen since March of 2024, following reports that the Trump administration is seeking to acquire up to a 10% stake in the company. The administration is said to be renegotiating terms of Lithium Americas’ $2.26 billion Energy Department loan for its Thacker Pass lithium project. Lithium Americas was scheduled to make its first loan draw earlier this month, but Trump officials sought new terms amid concerns about repayment capability due to low lithium prices caused by Chinese overproduction. During recent discussions about the loan’s amortization schedule, Lithium Americas offered the government no-cost warrants equivalent to 5-10% of its common shares. Related articlesLithium Americas soars on report that Trump admin mulls taking stakeWhy Zillow stock is tumblingFed’s Powell says there is "no risk-free path" in balancing inflation and jobs