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FinancingClosedOctober 28, 2024

Thacker Pass Phase 1 — 40,000 tpa lithium carbonate mining/processing facility, Humboldt County, Nevada

DOE ATVM program $2.26B loan close on October 28, 2024 (note: existing fin-2024-014 entry covers conditional commitment from March 2024). Largest US lithium project. GM holds 38% partnership stake. Phase 1 targets 40,000 tpa battery-grade lithium carbonate.

$2.26B

Deal Value

Other

Technology

NV

Location

Deal Details

Deal Type
Project Finance
Deal Value
$2.26B (DOE ATVM loan close)
Stage
Construction
ISO/RTO
Western

Finance Counterparties

Lenders & Capital Providers

loanGuarantor
U.S. Department of Energy (ATVM)

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