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 30 September 025, the U.S. Department of Energy (DOE) announced that its Loan Programs Office had restructured its 2024 loan agreement with Lithium Americas Corp (see related state act).

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