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Global Trade Alert

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United States of America: Department of Energy announces a USD 2.3 billion loan to Lithium Nevada Corp for the construction of a lithium carbonate processing plant

Description

On 28 October 2024, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a loan for Lithium Americas Corp’s subsidiary, Lithium Nevada Corp. The aid will support the construction...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Oct 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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