Lithium Americas raises Thacker Pass Phase 1 capital cost estimate to USD 3.83 billion

• Lithium Americas raised its Thacker Pass Phase 1 capital cost estimate to US$ 3.83 billion from US$ 2.93 billion, including contingency.
• Mechanical completion remains targeted for late 2027, with ramp-up to commercial production expected in 2028.
• The incremental funding requirement of approximately US$ 995 million is expected to be covered through company contributions and available DOE loan reserves.
• Fiscal 2026 capital expenditure guidance increased to US$ 1.7 billion–US$ 2 billion from US$ 1.3 billion–US$ 1.6 billion.
• The Nevada project is expected to produce 40,000 tonnes of battery-quality lithium carbonate annually at full capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithium Americas Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202611110655BIZWIRE_USPR_____20261111_BW169643) on November 11, 2026, and is solely responsible for the information contained therein.