Lithium Americas stock exploded late Tuesday after President Donald Trump revealed plans for the U.S. government to buy a 10% stake in the lithium firm, according to Reuters. This time, it’s Lithium Americas, a company valued at about $750 million, that’s in the crosshairs. Lithium Americas was scheduled to draw the first tranche earlier this month, but talks were put on pause after Trump officials raised red flags about the company’s ability to repay, citing low lithium prices triggered by China’s overproduction. In response, Lithium Americas offered no-cost warrants equal to 5% to 10% of its shares, plus funds to cover extra fees. As of now, Lithium Americas says it’s still negotiating.