Lithium Americas Shares Rise After News of DOE Loan

Dow Jones

2024-10-29

By Stephen Nakrosis

Shares of Lithium Americas were trading higher in the after-hours market Monday, following news the company closed a $2.26 billion loan from the Department of Energy.

After the bell, the company's shares were up 13%, at $4.69. Volume in the late-trading session topped 1.5 million shares.

The stock closed the day's regular session with a 12% gain, rising to $4.14.

The loan, procured under the department's Advanced Technology Vehicles Manufacturing Loan Program, will help the company construct processing facilities in Humboldt Country, Nevada. The facilities, at Thacker pass, will sit astride what is currently the largest known measured and indicated lithium resource in North America, according to the company.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

October 28, 2024 18:46 ET (22:46 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Volume in the late-trading session topped 1.5 million shares. \n</p>\n<p>\n  The stock closed the day's regular session with a 12% gain, rising to $4.14. \n</p>\n<p>\n  The loan, procured under the department's Advanced Technology Vehicles Manufacturing Loan Program, will help the company construct processing facilities in Humboldt Country, Nevada. The facilities, at Thacker pass, will sit astride what is currently the largest known measured and indicated lithium resource in North America, according to the company. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 28, 2024 18:46 ET (22:46 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479610314","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479610314","pubTimestamp":1730155560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Lithium Americas were trading higher in the after-hours market Monday, following news the company closed a $2.26 billion loan from the Department of Energy.After the bell, the company's shares were up 13%, at $4.69. 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