One of the most promising lithium projects in America has just found a new mega cash injection.

‍What’s happening:‍

• Lithium Americas (NYSE: LAC) has landed a new $250M USD investment from Orion Resource Partners to advance the development of the Thacker Pass lithium project in Nevada
  

By the numbers:‍

• $195M USD will be invested by Orion Resource Partners through convertible notes
  
• $25M USD will come in the form of a Production Payment Agreement and $30M USD has been committed for future convertible notes
  

Why it matters:‍

• Orion Resource Partners is one of the largest investment funds in the world focused on metals and critical minerals, which represents significant validation for the promise of the Thacker Pass project to become one of the most important producing lithium mines globally
  

Going deeper:‍

• Orion Resource Partners have also publicly stated they will consider doubling their total investment into Lithium Americas to help fund the future development and expansion of Thacker Pass
  
• The Thacker Pass project in Nevada has already attracted multiple mega funding commitments, previously landing a multi billion dollar loan from the United States Department of Energy as well as a strategic investment from General Motors

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