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Lithium Americas stock pops more than 30% as government takes a stake to boost Nevada project

1. U.S. government to take 5% stake in Lithium Americas. 2. Shares surged 35% after news of government's investment. 3. Thacker Pass expected to be a major lithium source by 2027. 4. Economic rationale stated for government ownership in lithium supply. 5. Lithium Americas stock up 92% YTD due to government stake acquisition.

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FAQ

Why Very Bullish?

Government stake enhances financial stability and growth potential, similar to historical government investments in tech.

How important is it?

The government investment could significantly increase trust and valuation for Lithium Americas, indicating potential for future capital inflow.

Why Long Term?

Phase one of operations in 2027 positions LAC for sustained growth amid increasing global lithium demand.

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