Lithium Americas Q3 2024 Earnings Report

Lithium Americas EPS Results

• Actual EPS: -C$0.02
• Consensus EPS: -C$0.03
• Beat/Miss: Beat by +C$0.01
• One Year Ago EPS: N/A

Lithium Americas Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Lithium Americas Announcement Details

• Quarter: Q3 2024
• Date: 11/5/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Lithium Americas (TSE:LAC) is building Thacker Pass located in Humboldt County in northern Nevada. Phase 1 is designed for nominal production capacity of 40,000 tonnes per year of battery-quality lithium carbonate, and mechanical completion is targeted for late 2027. Thacker Pass hosts the largest known measured lithium resource (Measured and Indicated) in the world and is owned by a JV between Lithium Americas (holding a 62% interest), and GM (holding a 38% interest). Project financing for Phase 1 includes a $2.23 billion loan from the U.S. DOE and strategic investments from GM and Orion. The DOE holds the LAC Warrant to purchase common shares equivalent to a 5% equity stake of the Company as of January 30, 2026 (the ' Issuance Date ') and the JV Warrant to purchase a non-voting, non-transferable equity interest in the JV equivalent to a 5% interest as of the Issuance Date.