Lithium Americas Stock Spikes As U.S. Confirms Stake After MP Materials, Intel Investments

Lithium Americas (LAC) surged late Tuesday after Secretary of Energy Chris Wright told Bloomberg TV that the U.S. government will take a stake in the company, confirming recent reports. The U.S. will take a 5% stake in Lithium Americas as well as a 5% stake in its Thacker Pass lithium project in Nevada. “It’s in America’s best interest to get…