Lithium Americas Soars 8.6% on Thacker Pass Progress

Lithium stock surged 8.6% in pre-market trading on August 11, 2025, driven by significant developments at the Thacker Pass project in Nevada.

Lithium Americas, a key player in the lithium industry, has made substantial progress at its Thacker Pass project. The company received an all-clear investment decision and secured additional funding from General Motors in April 2025. These milestones have positioned Lithium Americas ahead of the market, bolstering investor confidence in the company's future prospects.

Thacker Pass, located in northern Nevada, is one of the largest lithium deposits in the United States. The project is expected to produce 40,000 metric tons of lithium per year in its first phase, with plans to double that output in the second phase. The mine has a projected lifespan of 40 years and holds significant reserves of lithium carbonate, making it a critical asset for Lithium Americas.