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Lithium Americas to get massive federal loan to develop Thacker Pass mine • Nevada Current

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Lithium Americas to get massive federal loan to develop Thacker Pass mine • Nevada Current


The U.S. government offered Canada-based Lithium Americas a financial lifeline Thursday to develop a Nevada lithium deposit that contains the largest-proven lithium reserves in North America.

Citing a need to secure a domestic supply of lithium for electric car batteries, the Biden administration agreed to provide a $2.26 billion conditional loan for the construction of a lithium carbonate processing plant at Thacker Pass in Humboldt County, Nevada. It’s the largest federal investment in a lithium mine to date.

The conditional loan from the U.S. Department of Energy will provide the vast majority of the capital needed to fund the first phase of development, Lithium Americas said in a statement Thursday. Under federal law, the funds provided by the DOE can’t be used for the excavation of an open-pit mine, but can be used for lithium processing facilities.

Lawsuits and delays have plagued the construction of the planned lithium mine in Nevada for years. Lithium Americas had initially planned to begin lithium production at Thacker Pass by 2026, but several permitting issues and litigation by Nevada tribes and conservation groups helped delay the project. Lithium production at Thacker Pass is now expected to run at full capacity in 2028.

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Construction costs for the planned lithium mine have also increased since the company’s initial estimate. The company cites higher engineering costs, an agreement to use union labor, and housing construction for workers and their families in the remote region for revising the estimated cost by more than $660 million, from $2.27 billion to nearly $2.93 billion.

Lithium Americas hopes to extract lithium from clay at Thacker Pass, something never done before at commercial scale. The novel technique may also repel more risk averse investors. 

Despite the delays and higher costs, the massive DOE loan could help attract additional investors for later phases. 

As per the agreement, the $2.26 billion DOE loan won’t close until Lithium Americas secures full financing for the project. In a statement on Thursday, Lithium Americas said they expect to meet the conditions of the loan by the second half of 2024.

General Motors already pledged $650 million for the project, on the condition that Lithium Americas can secure sufficient capital to fund the development expenditures for Thacker Pass.

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Jonathan Evans, President and CEO of Lithium Americas, said the federal loan is “a significant milestone for Thacker Pass, which will help meet the growing domestic need for lithium chemicals and strengthen our nation’s security.”

“The United States has an incredible opportunity to lead the next chapter of global electrification in a way that both strengthens our battery supply chains and ensures that the economic benefits are directed toward American workers, companies and communities,” Evans said.

Construction at the site — just south of the Nevada-Oregon border — started March 2023, after a federal judge cleared most legal challenges to the mine. Lithium Americas said it plans to start major construction on the mine as soon as the federal loan closes and final environmental reviews are completed, a process that will take three years.

If finalized, the mine is expected to produce enough lithium carbonate to support the production of batteries for up to 800,000 electric vehicles annually — the equivalent of 317 million gallons of gasoline consumption per year, according to the DOE.

The project has the support of some – but not all – tribes in the region. Larina Bell, the acting chairwoman of the Fort McDermitt Paiute Shoshone Tribe, said she believes Lithium Americas has acknowledged the tribe’s interests and will mitigate potential impacts to natural resources.

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“Thacker Pass will provide important economic and employment opportunities for members of our Tribe,” Bell said in a statement. “Through our meetings with Lithium Americas, we have recognized their goal of securing a domestic supply of the lithium mineral, a key component of batteries that are essential in the transition to renewable energy and to build sustainable resiliency against climate change.”

According to the DOE, the project is expected to create 1,800 jobs during the construction period, and 360 jobs in operations to produce up to 40,000 metric tonnes of battery-grade lithium carbonate per year for use in lithium-ion batteries.

John Hadder of Great Basin Resource Watch, a conservation group that lost its efforts to block the project in court, argued the federal government shouldn’t use “taxpayer dollars bailing out a bad mine project that is not competent to attract investors.”

“It seems clear that without a government handout the company is unable to attract sufficient investors. There could be a number of reasons including the fact that this company is new at this business and the permitting process for Thacker Pass was very poorly done, which casts a shadow over the project,” Hadder said.

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Holiday loneliness affects thousands in Nevada as many face Christmas away from loved ones

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Holiday loneliness affects thousands in Nevada as many face Christmas away from loved ones


LAS VEGAS (KTNV) — Loneliness has become a significant health issue for people everywhere, and the holiday season sometimes intensifies those feelings. For many, December looks like family gatherings, matching pajamas and bustling homes. But this time of year can also be very difficult for those who may be battling distance, work commitments or recent life changes.

Marc Valli, an Army veteran who served in Vietnam, has lived in Las Vegas since 1988. He moved to Nevada to join a ministry and be closer to his wife’s parents.

WATCH| Shellye Leggett talks to an army vet who’s recently moved into Escalante at the Lakes assisted living facility

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Holiday loneliness affects thousands in Nevada as many face Christmas away from loved ones

“I wanted to come and join ministry here. Also my wife’s parents lived here,” Valli said.

Valli’s wife Barbara, known to friends and family as Bobby, passed away in 2018 after 54 years of marriage.

“I’m still counting the years. We’ve been married 54 years,” he said.

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His children moved him into Escalante at the Lakes assisted living facility in June, making this his first holiday season in his new home.

“People are very nice, they treat you good,” Valli said.

Come Christmas Day, the facility’s common room will be filled with residents ready for holiday activities, but Valli hopes to get outside these walls to see his family that still lives nearby.

“I have grandkids. One goes to Cal Poly. He’s here right now, but he’s on vacation, and then I have two little granddaughters, one’s 11, one’s 7,” Valli said. “I don’t know if they’re gonna come for Christmas or I’m going there.”

Gus Farias, the executive director of Escalante at the Lakes Assisted Living, says many of his residents don’t have family nearby. Keeping their spirits high throughout the holidays is an important task.

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“We can tell when our residents are feeling down. There’s a lot of pressure during the holidays because some of our residents don’t have families that are nearby, but they have us,” Farias said.

The organisation A Mission for Michael released a study showing just how many people are expected to spend the holidays alone this year. Nevada ranked 43rd on the list of loneliest states, with more than 212,000 people expected to spend Christmas by themselves.

“It’s pretty surprising that there’s so many Nevadans that are gonna spend the holidays by themselves,” Farias said.

He says combating loneliness will take a community effort.

“When you’re at the grocery store or whatever, reach, look back and ask them, you know, wish them a merry Christmas or happy holidays and ask them how they passed their holidays in the past because we, we as a younger generation than our seniors, we can learn a lot from that,” Farias said.

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It’s an effort that Valli says makes the holidays a little brighter.

“Oh, it makes a big difference,” he said.





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Nysos, Nevada Beach Set for Clash in Laffit Pincay Jr.

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Nysos, Nevada Beach Set for Clash in Laffit Pincay Jr.


A trio of grade 1 races are set to take place on Santa Anita Park‘s opening day Dec. 28, but the undercard of graded stakes action will add to the fireworks with an expected clash of recent grade 1 winners in the $200,000 Laffit Pincay Jr. Stakes (G2).

Those grade 1 winners both emerge from the barn of Hall of Fame trainer Bob Baffert with Nysos  carrying the silks of Baoma Corp. and Nevada Beach  racing for Michael Pegram, Karl Watson, and Paul Weitman.

Nysos is aiming to cap his 4-year-old season with a fourth consecutive triumph. Although it has been challenging at times to keep the son of Nyquist   on the track, his talent has never been in doubt with six wins from seven starts. He proved himself at the top level Nov. 1 with a thrilling, stretch-duel victory over champion Citizen Bull   in the Breeders’ Cup Dirt Mile (G1).

A $550,000 purchase from the Ocala Breeders’ Spring Sale of 2-Year-Olds in Training Sale has raced the 1 1/16-mile distance of the Pincay only once before, triumphing by 2 3/4 lengths in the San Diego Handicap (G2) at Del Mar. He’ll be on comfortable ground as his three starts at Santa Anita have been won by a combined 23 1/2 lengths.

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Santa Anita has also been a productive track for Nevada Beach, who won the Goodwood Stakes (G1) there in September. Going into this race, the son of Omaha Beach   bounced back from a seventh in the Breeders’ Cup Classic (G1) to outgame British Isles  by a half-length in the Native Diver Stakes (G3) at Del Mar Nov. 22.

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British Isles is among five rivals entered in the Pincay from outside the Baffert barn, a group that includes grade 3 winner Cornishman .

Entries: Laffit Pincay, Jr. S. (G2)

Santa Anita Park, Sunday, December 28, 2025, Race 6

  • Grade II
  • 1 1/16m
  • Dirt
  • $200,000
  • 3 yo’s & up
  • 1:30 PM (local)


Namaron, Maaz Meet Again in Mathis Mile

Seven 3-year-old runners are entered in the $200,000 Mathis Mile Stakes (G2T) traveling a mile on turf.

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Hronis Racing’s Namaron  is the lone contender with winning success at the graded level, courtesy of a group 3 triumph in Germany in April. The Amaron  gelding’s two American starts for trainer John Sadler have both resulted in third-place finishes against stakes company.

The most recent came in October’s Twilight Derby (G2T) at Santa Anita where he finished a half-length behind runner-up Maaz . That French-bred runner trained by Michael McCarthy for Eclipse Thoroughbred Partners, Madaket Stables, Sabby Racing, and Michael House returned in the Hollywood Derby (G1T), finishing seventh and beaten 4 3/4 lengths after his saddle slipped early in the race.

Entries: Mathis Mile S. (G2T)

Santa Anita Park, Sunday, December 28, 2025, Race 5

  • Grade IIT
  • 1m
  • Turf
  • $200,000
  • 3 yo
  • 1:00 PM (local)


Endlessly Aims to Right the Ship in San Gabriel

Considered one of the top turf talents of his crop as a 2-year-old, Endlessly  is aiming to right the ship and close out his 4-year-old season with a win in the $100,000 San Gabriel Stakes (G3T).

Photo: Chad B. Harmon
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Endlessly trains for the 2024 Kentucky Derby at Churchill Downs

The Amerman Racing homebred finished third in the American Stakes (G3T)—his seasonal debut this spring and first start in 8 1/2 months—but has not reached the board in three starts since. McCarthy gave the 4-year-old Oscar Performance   colt a little break following the Aug. 30 Del Mar Handicap (G2T) where he loomed a threat early but then faded to ninth. McCarthy also removes the blinkers he added two starts back.

McCarthy will also saddle grade 1-placed Mondego  for Cheyenne Stables.

Also looking to right the ship is Kretz Racing’s Cabo Spirit  for trainer George Papaprodromou. After defeating Endlessly in the American Stakes, he went on to hit the board in four straight graded attempts. However, the typical pacesetter had competition on the lead in his most recent start, the Nov. 29 Seabiscuit Handicap (G2T) and faded to finish eighth.

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Entries: San Gabriel S. (G3T)

Santa Anita Park, Sunday, December 28, 2025, Race 9

  • Grade IIIT
  • 1 1/8m
  • Turf
  • $100,000
  • 3 yo’s & up
  • 3:00 PM (local)






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Jewish Nevada lights up Downtown Summerlin with festive Menorah Lighting event

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Jewish Nevada lights up Downtown Summerlin with festive Menorah Lighting event


Jewish Nevada hosted its annual Menorah Lighting event at Downtown Summerlin, offering entertainment and activities for the whole family to celebrate Hanukkah.

Attendees enjoyed free jelly donuts, hot cocoa, and ice skating at the Rock Rink.

Stefanie Tuzman is the President and CEO of Jewish Nevada.

She says, “We are so excited to be lighting the eighth and final candle of Hanukkah. There’s a bunch of kids activities. Downtown Summerlin generously donated some prizes for us to be able to giveaway.”

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Jewish Nevada held a raffle, with participants for a chance to win prizes.



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