Thacker Pass Phase 1 lithium-carbonate processing facilities
Thacker Pass, Humboldt County, Nevada
prj-us-thacker-pass-phase1-processing
What does the record establish?
This registry project represents the DOE-loan-financed Phase 1 lithium processing plant, sulfuric-acid facility and related infrastructure, not the open-pit mine development. The wider Thacker Pass mine/JV is not automatically allocated the DOE $2.23B facility. June 2026 SEC report evidences ongoing construction, not commissioning or operational lithium carbonate production.
Financial standing
1 directly linked instruments. Recorded financial states: Partially disbursed. A commitment, a payment and a project cost remain separate.
Inspect instruments and termsLegal and policy context
1 parent policy records; 0 project designations. Designation confers standing, not finance. Material and stage overlaps with controls do not establish a restriction on this project.
Read the policy recordsIndustrial evidence
No source-reviewed project milestone is published in this corpus. Financing records may still contain attributed activity reports; this gap does not establish inactivity.
See evidence gapsFinancial evidence and chronology
Each instrument keeps its own financial history. These dates describe financial states, not construction or production. Amounts are the current recorded terms, not historical amounts at every date below.
Loan · U.S. Department of Energy, ATVM Loan Program (Federal Financing Bank lending arrangements)$2.23 billion amended expected loan amount ($1.97 billion principal plus approximately $256 million capitalized interest) · Partially disbursed · Commitment
- Provider organizations
- U.S. Department of Energy
- Recipient
- Lithium Nevada LLC (formerly Lithium Nevada Corp.)Lithium Nevada LLC
- Legal authority as stated
- Energy Independence and Security Act of 2007 — Advanced Technology Vehicles Manufacturing (ATVM) Loan Program
· Contracted
Executed ATVM Loan Arrangement and Reimbursement Agreement No. A1034 on 28 October 2024, originally naming Lithium Nevada Corp. Original approx. $2.26B face amount was later revised; no draw inferred from closing.
Lithium Americas Corp. / U.S. Securities and Exchange Commission (EDGAR)· Partially disbursed
First $435M DOE-loan advance received on 20 October 2025. Issuer's 2026 Q2 filing confirms subsequent draws of $432M (24 February 2026) and $342M (3 June 2026), totaling $1.209B advanced by 30 June 2026. These are draws under the same facility, not additive commitments.
Lithium Americas Corp. / U.S. Securities and Exchange Commission (EDGAR)
No additional structured terms are recorded. See the full instrument for its evidence and qualifications.
Single DOE ATVM/FFB loan, No. A1034. The original 28 October 2024 closing was approximately $2.26B ($1.97B principal plus an estimated $289.6–$289.7M capitalized interest); the 7 October 2025 amendment reduced estimated interest to $256M, making the amended total approximately $2.23B. These are versions of the same facility, not two commitments; the current amount is approximate ($1.97B + $256M = $2.226B before rounding). The schema holds a current amount and financial-status history, not historically versioned amounts: an as-of 2024 report must not present $2.23B as the contemporaneous 2024 face amount. Cumulative advances were $435M on 2025-10-20, $867M after 2026-02-24, and $1.209B after 2026-06-03; the $1.209B is not additional finance and is different from the $988.018M accounting carrying value after deferred issuance costs/interest. Original legal borrower Lithium Nevada Corp. is now Lithium Nevada LLC, distinct from its Canadian-listed sponsor Lithium Americas Corp. DOE loan supports lithium-carbonate processing infrastructure (including a sulfuric-acid plant), not open-pit mine development. Q2 2026 supports construction only; no operational production. DOE's 2025 equity warrants, GM equity and private financing are not classified as draws or additional DOE commitments. F4-A amount-history pilot retains original ~$2.26B effective from 2024-10-28. The ~$2.23B amendment was signed on 2025-10-07 subject to conditions and is proven effective no later than first advance on 2025-10-20; the precise transition date within October 7–19 is not evidenced. This is not a draw-history or historical aggregate.
Full financial instrument, conditions and field-level evidenceCapital stack
One layer per value role. Only committed public money, and joint-vehicle money apart from it, is summed, per currency; everything else is listed. There is no total across layers.
Public commitments
1 row · summed per currencyCommitted to a recipient by a government or public enterprise, at the status each row states. A contracted, partially disbursed or disbursed row is binding because an agreement is executed; payment is tracked separately by status. A contracted row need not mean funds are obligated or paid, and a partially disbursed row is not fully paid. Summed per currency and per instrument, never across either; a part is never added to its package.
USD
Loan1 row
Binding
- Approximately
- 2.23 billion
1 counted
Source-reviewed industrial observations
No source-reviewed project milestone is published for this undertaking. Any financing-row activity reports below remain attributed observations, not independently reviewed project milestones. Missing evidence does not establish inactivity.
Policy context
These records directly parent the project's finance or designation entries. Their presence does not establish a causal effect on industrial activity.
28 Oct 2024 · Active
DOE closes ATVM loan for Thacker Pass lithium processing facilities
U.S. Department of Energy, Loan Programs Office
Control clauses on the same materials and stages
Clauses whose covered items share a material and a supply-chain stage with this project, with their legal status on 3 Nov 2026. An overlap of items, not a finding that the project is affected.
No coded control clause covers items at this project's materials and stages.
Record
- Sponsors
- Lithium Nevada LLCCompany
- Location
- Thacker Pass, Humboldt County, NevadaUS
- Stages
- Processing
- Materials
- LithiumTracked materials only
- Programmes
- None recorded
- Latest financing-row activity report
- Construction30 Jun 2026Lithium Americas Corp. / U.S. Securities and Exchange Commission (EDGAR)
What remains unknown
Gaps describe the available SMPT record. They do not establish that an activity did not occur.
- No project-native source-reviewed industrial milestone is published. Attributed activity in financing histories remains a separate evidence class; no exact milestone date or facility-wide conclusion is inferred.
- Structural links and shared materials do not demonstrate that a government measure caused an industrial outcome.
Evidence
Every project fact names the source that states it.
Thacker Pass — DOE Loan Programs Office project and financial summary
U.S. Department of Energy, Loan Programs Office
- Fields supported
- Name · Sponsors · Location · Supply-chain stages · Materials
- Evidence level
- Explicit
- Location in document
- Project summary and project statistics
- Qualification
- DOE names Lithium Nevada Corp. and describes lithium-carbonate processing facilities at Thacker Pass.
EIS-0561 Thacker Pass loan: DOE processing-facility-only scope and 28 October 2024 decision
U.S. Department of Energy
- Fields supported
- Name · Location · Supply-chain stages · Materials
- Evidence level
- Explicit
- Location in document
- Summary: subject of DOE loan is mine processing facilities and associated infrastructure, not development and operation of open-pit mine
- Qualification
- Determines funded physical scope, narrower than the full Thacker Pass mine development.
Lithium Americas Corp., Form 10-Q for the quarter ended 30 June 2026
Lithium Americas Corp. / U.S. Securities and Exchange Commission (EDGAR)
- Fields supported
- Sponsors · Location · Supply-chain stages · Materials
- Evidence level
- Explicit
- Location in document
- MD&A, Thacker Pass overview and Q2 construction highlights
- Qualification
- Lithium Nevada LLC owns Thacker Pass through the joint venture; its parent group describes active construction of Phase 1 processing plant and associated infrastructure.
| Source | Fields supported | Evidence level | Location |
|---|---|---|---|
| Thacker Pass — DOE Loan Programs Office project and financial summary U.S. Department of Energy, Loan Programs Office · Source dossier |
| Explicit DOE names Lithium Nevada Corp. and describes lithium-carbonate processing facilities at Thacker Pass. | Project summary and project statistics |
| EIS-0561 Thacker Pass loan: DOE processing-facility-only scope and 28 October 2024 decision U.S. Department of Energy · Source dossier |
| Explicit Determines funded physical scope, narrower than the full Thacker Pass mine development. | Summary: subject of DOE loan is mine processing facilities and associated infrastructure, not development and operation of open-pit mine |
| Lithium Americas Corp., Form 10-Q for the quarter ended 30 June 2026 Lithium Americas Corp. / U.S. Securities and Exchange Commission (EDGAR) · Source dossier |
| Explicit Lithium Nevada LLC owns Thacker Pass through the joint venture; its parent group describes active construction of Phase 1 processing plant and associated infrastructure. | MD&A, Thacker Pass overview and Q2 construction highlights |
For citations, open a parent policy record for BibTeX, RIS and CSL formats. Cite original documents for claims about government action.
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