Lithium Americas presents Thacker Pass plan targeting mechanical completion in late 2027
LAC•Lithium Americas targets mechanical completion of Thacker Pass Phase 1 in late 2027, with production ramping up through 2028. The project has nominal annual capacity of 40,000 tonnes of battery-quality lithium carbonate, and 2029 is targeted as its first full-capacity production year.
1. Project timeline and capacity
Lithium Americas targets mechanical completion of Thacker Pass Phase 1 in late 2027, with production ramp-up through 2028. The project’s nominal annual capacity is 40,000 tonnes of battery-quality lithium carbonate, and 2029 is targeted as the first full-capacity production year.
2. Engineering and financing
Detailed engineering is complete, and procurement is more than 90% complete. Advances received under the $2.23 billion U.S. Department of Energy ATVM loan total $1.45 billion. General Motors holds a 20-year offtake agreement covering up to 100% of Phase 1 production.
