{"id":236499,"date":"2025-03-15T07:30:00","date_gmt":"2025-03-15T11:30:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=236499"},"modified":"2025-03-11T08:39:27","modified_gmt":"2025-03-11T12:39:27","slug":"lithium-americas-secures-250-million-investment-to-boost-thacker-pass-project","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/lithium-americas-secures-250-million-investment-to-boost-thacker-pass-project\/","title":{"rendered":"Lithium Americas secures $250 million investment to boost Thacker Pass project"},"content":{"rendered":"\n

Lithium Americas<\/strong> has secured a $250 million strategic investment from Orion Resource Partners<\/strong> , a global critical metals and materials firm, to advance its Thacker Pass project in Nevada.<\/p>\n\n

The phases of the Thacker Pass project<\/h2>\n\n

Orion has committed $195 million through the purchase of unsecured senior convertible notes and an additional $25 million through a Production Payment Agreement<\/strong> ( PPA<\/em> ). In addition, the firm has indicated that it could inject an additional $30 million over a two-year period, completing the total investment amount of $250 million. <\/p>\n\n

The notes will mature in 2030 with an initial conversion price of $3.78 per share, reflecting a 43% premium to Lithium Americas’ five-day weighted average value on the New York Stock Exchange. An annual interest rate of 9.875% until maturity was also agreed. <\/p>\n\n

The investment will cover the remaining financial requirements of the U.S. Department of Energy<\/strong> and General Motors<\/a><\/strong> for the $2.26 billion federal loan, ensuring full financing of the project.<\/p>\n\n

On the other hand, the company Orion has expressed interest in evaluating a future investment of up to $500 million for Phase 2 of the project, strengthening the security of the lithium supply chain in the American country, as one of its main management strategies.<\/p>\n\n

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Orion\u2019s commitment to this project highlights the strategic importance of Thacker Pass to national security and the development of a domestic supply chain, as we work to reduce U.S. dependence on foreign suppliers for critical minerals.<\/p>\nJonathan Evans, President and CEO of Lithium Americas.<\/cite><\/blockquote>\n\n

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Orion is excited to make this strategic investment in Lithium to support the development of a domestic lithium supply chain to meet growing demand across all industries.<\/p>\nOskar Lewnowski, founder and CEO of Orion.<\/cite><\/blockquote>\n\n

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