Global Trade Alert
Global Trade Alert

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

Announcement

28 Oct 2024

In October 2024, the US Department of Energy announces a USD 2.3 billion loan to Lithium Nevada Corp for the construction of a lithium carbonate processing plant in Nevada.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Oct 2024

Revocation date:

No revocation date

Clarification: 30 Sep 2025
State loan In force
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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