Lithium Americas targets Thacker Pass Phase 1 mechanical completion in late 2027, commercial output in 2028 - LAC News | RalliesLithium Americas targets Thacker Pass Phase 1 mechanical completion in late 2027, commercial output in 2028
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LAC• Funding and capex details
- Project funding highlighted: US DOE ATVM loan of US$2.23 billion with US$1.45 billion advanced to date.
- General Motors investment totals US$945 million for a 38% JV interest, with a 20-year offtake for up to 100% of Phase 1 volumes.
- Thacker Pass Phase 1 capex estimate cited at US$2.93 billion; 2026 capex guidance set at US$1.3-US$1.6 billion.
Thacker Pass Phase 1 timeline and output targets
- Lithium Americas outlined a path to Thacker Pass Phase 1 mechanical completion in late 2027, with ramp-up to commercial production in 2028.
- Phase 1 targets 40,000 tonnes a year of battery-grade lithium carbonate; first full year of capacity expected in 2029.
