Trump administration plans to buy stake in Lithium Americas

The Trump administration plans to acquire up to a 10% stake in Lithium Americas, contingent on the negotiation of a loan. This move triggered a surge in Lithium Americas' stock price, with gains reaching over 85%. The Trump administration is renegotiating the terms of a $2.26 billion loan from the U.S. Department of Energy to Lithium Americas. Lithium Americas, in turn, has offered no-cost warrants representing 5% to 10% of its common stock.