Lithium Americas

Name

Lithium Americas

Legal name

Lithium Americas Corp.

Website

https://lithiumamericas.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Lithium Mining & Battery Materials

NAICS

Other Metal Ore Mining (21229)

SIC

Metal Mining (1000)

akta.pro primary industry

Lithium Mining & Brine Extraction (IMAKAFAA)

akta.pro secondary industries

Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Lithium mining
• Battery-grade lithium carbonate
• Sedimentary clay extraction
• Critical minerals production
• Lithium chemical processing

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Personnel, Operations, Technology or R&D

Revenue model

1. Lithium Carbonate Sales: Pre-revenue stage. Will generate revenue from sale of battery-quality lithium carbonate (Li2CO3) produced at Thacker Pass. Phase 1 designed for 40,000 tonnes per year capacity. GM has 20-year offtake for up to 100% of Phase 1 production volumes and 38% of Phase 2.
2. Future Production Revenue: Company is in construction phase with mechanical completion targeted for late 2027. Commercial production ramp-up expected through 2028. Revenue model will be commodity sales with long-term offtake contracts providing revenue visibility.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Lithium Americas is developing the Thacker Pass project in Humboldt County, Nevada — the world's largest known measured lithium resource — using proprietary sedimentary clay-based lithium extraction technology. The open-pit mine and processing facility is designed to produce battery-quality lithium carbonate (Li2CO3) for the North American EV supply chain, with Phase 1 targeting 40,000 tonnes per year and expansion potential to 160,000 t/y across five phases over an 85-year mine life. The company is currently in construction phase with mechanical completion targeted for late 2027.

Product overview

Lithium Americas operates as a lithium mining and production company with two core offerings: the Thacker Pass project (a five-phase lithium mining and chemical processing operation in Nevada) and the Lithium Technical Development Center (a pilot facility validating the extraction and production process). The Thacker Pass project, the company's flagship initiative, uses sedimentary lithium extraction to produce battery-quality lithium carbonate. The project is structured as a joint venture with General Motors (62%/38% ownership), with Phase 1 targeting 40,000 tonnes per year production capacity and potential expansion to 160,000 tonnes annually across five phases. The Lithium Technical Development Center supports process validation and optimization for the Thacker Pass operation.

Differentiator

Problem solved

Functional benefit

Products and services

• Thacker Pass Lithium Project A shallow open-pit mine and chemical processing facility in Humboldt County, Nevada, designed to produce battery-quality lithium carbonate (Li2CO3) for North American EV and battery manufacturers. Phase 1 capacity is 40,000 tonnes per year, expandable to 160,000 t/y across five phases. Structured as a joint venture with General Motors (62% LAC, 38% GM) with a 20-year offtake agreement securing up to 100% of Phase 1 production.
• Lithium Technical Development Center A 30,000 ft² state-of-the-art laboratory and piloting facility in Reno, Nevada that validates the Thacker Pass flowsheet with all recycles in one place, proving continuous-production of battery-quality lithium carbonate from Thacker Pass ore. Achieved ISO-9001:2015 certification.

Quantifiable outcome

• Phase 1 capacity: 40,000 t/y of battery-quality lithium carbonate - expands current U.S. capacity by ~7x
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Great Basin CollegeminorOthers · 1 September 2025Workforce development training program being developed with Great Basin College to support skilled labor pipeline for Thacker Pass operations and construction.
• Career Bound NV and BuildNV Core Construction Training ProgramminorOthers · 1 January 2024Local workforce development partnerships to proactively support community development and skills training for construction and operations positions at Thacker Pass.
• Sawtooth Mining (NACCO Natural Resources)coreImplementation/ SI/ Consulting Partner · 1 January 2019Mining operations agreement with Sawtooth Mining for mine design, construction, operation, maintenance and closure services. Sawtooth has over 65 years surface mining experience, operates seven surface mines in similar deposits, manages reclamation for over 200,000 acres under permits, and has earned 99 federal and state awards for reclamation.
• BechtelcoreImplementation/ SI/ Consulting PartnerBechtel serves as primary construction contractor for Thacker Pass Phase 1. Recruiting professional staff and craft professionals for critical materials/energy security project. Manages construction activities including site preparation, structural steel installation, and equipment commissioning.
• Fort McDermitt Paiute and Shoshone TribecoreOthersAmended Community Benefits Agreement with Indigenous community. 16 Tribe members completed Process Plant Fundamentals training. Company contributed $5M to Tribe and $14.1M toward new Orovada K-8 school construction. Ongoing cultural work monitoring and archaeological engagement.

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Regional players

• MP Materials: U.S. rare earth producer operating the Mountain Pass mine in California, supported by DOD funding. Comparable as a U.S.-based critical minerals producer with significant government backing and policy support, though focused on rare earths rather than lithium.

Direct peers

• Sigma Lithium: Brazilian hard-rock spodumene producer supplying battery-grade lithium concentrate. Comparable as a publicly-traded pure-play lithium producer serving the EV supply chain, though operating in commercial production rather than development.
• Ioneer Ltd: U.S.-focused lithium-boron developer advancing the Rhyolite Ridge project in Nevada. Directly comparable as a Nevada-based, development-stage critical minerals company targeting battery-grade lithium with similar regulatory and customer dynamics.
• Standard Lithium: Canadian-listed lithium developer focused on direct lithium extraction (DLE) from Smackover brine resources in Arkansas. Comparable as a development-stage lithium technology company pursuing novel extraction methods for North American production.
• Piedmont Lithium: North American lithium developer focused on spodumene (hard-rock) lithium projects in North Carolina and Quebec. Directly comparable as a development-stage North American lithium company targeting the EV supply chain, though uses different extraction technology than Lithium Americas' clay-based approach.

Broad incumbents

• Ganfeng Lithium: Chinese integrated lithium producer and one of the world's largest lithium processors. Broad incumbent controlling significant global lithium conversion capacity, representing the foreign processing dominance that Thacker Pass aims to help offset domestically.
• SQM (Sociedad Química y Minera): Chilean lithium and specialty chemicals producer with major operations in the Salar de Atacama. Broad incumbent in global lithium supply with established low-cost brine extraction, representing the cost benchmark Lithium Americas must compete against.
• Albemarle Corporation: World's largest lithium producer operating the Salar de Atacama brine operations in Chile and other global assets. Albemarle is a broad incumbent in lithium chemicals with significant scale advantages but is primarily focused on South American brine extraction rather than U.S. clay-based mining.

Emerging players

• Avalon Advanced Materials: Canadian critical minerals developer focused on lithium, rare earths, and other battery materials in North America. Emerging player pursuing similar Canadian/U.S. lithium strategy with comparable development-stage risk profile and government engagement approach.
• Lithium Royalty Corp: Canadian royalty company providing financing to lithium developers and producers globally. Emerging player in the lithium ecosystem with comparable exposure to North American project economics and royalty structures on similar development assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/ThackerPass
• YouTubeyoutube.com/@LithiumAmericasCorp
• Facebookfacebook.com/LithiumAmericas
• LinkedInlinkedin.com/company/lithiumamericas
• Instagraminstagram.com/lithiumamericas

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds13 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lithium Americas