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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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California Gov. Gavin Newsom speaks to Nevada Democrats in Las Vegas

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California Gov. Gavin Newsom speaks to Nevada Democrats in Las Vegas


California Gov. Gavin Newsom addressed Nevada Democrats who packed a Las Vegas brewery Wednesday evening for a discussion about his upbringing, his political life and efforts his state has taken to combat the Trump administration agenda.

Newsom, who has been floated as a possible White House contender for 2028, sidestepped a quip from former Nevada Gov. Steve Sisolak who introduced him as the next U.S. president amid cheers from the crowd.

“I’m very grateful for your friendship, and a friendship that’s only strengthened over the course of the last year or so,” Newsom told Sisolak.

Book tour stop

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The event, which served as a book tour stop for the California governor, was organized by the Nevada Democratic Party. It took place at Nevada Brew Works near Summerlin.

Nevada Assemblymember Daniele Monroe-Moreno, the state party chair running for North Las Vegas mayor, moderated the discussion.

It was part of the party’s Local Brews + National Views series that’s been bringing Democrats for similar discussions at intimate venues. Past speakers have included former President Joe Biden, Arizona U.S. Sen. Mark Kelly, and Illinois Gov. JB Pritzker.

Criticizing President Donald Trump, Newsom spoke about the immediate aftermath of the 2024 general election.

“We were handwringing, a lot of finger pointing, and a sense of weakness,” Newsom said. “And just incapable of dealing with this moment, this existential moment.”

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He said he is taking account for what he described as his own complicity.

“This happened on my watch. This is all happening on our watch,” Newsom said. “And so I realized that I needed to be better.”

That included his advocacy to redraw California’s Congressional map after Trump called for the same in Texas, he said.

“They’re not screwing around, nor are we,” he said about Trump and his administration. “All of us.”

‘You’re giving us a voice’

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Newsom spoke out against the surge of federal immigration enforcement operations in California and later Minnesota, calls from the Trump administration to nationalize elections, and cuts to government funding due to the One, Big, Beautiful Bill Act.

He said that pushback against Trump’s policies, including dozens of lawsuits filed by California, were making the president retreat on some of his proposals and policies.

“You’re filling the void, you’re giving us a voice, you’re giving us courage,” he told the crowd. “For things to change, we have to change. And it’s changing.”

The Republican National Committee reacted to Newsom’s Las Vegas visit. Earlier in the day, Newsom attended a private Boulder City event.

“Democrats are selling out to the spoiled, phony rich kid governor from California for years,” RNC spokesperson Nick Poche wrote in a statement. “President Donald Trump and Republicans are delivering major tax cuts and keeping Nevadans safe, unlike Democrats.”

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The national Republican Party also criticized California’s policies, and tied them back to Nevada Democrats.

Most of Newsom’s remarks weren’t specific to Nevada. He didn’t take any questions from media.

Polling shows Newsom and Vice President JD Vance leading in hypothetical races for their parties’ nomination. That includes a survey of likely Nevada voters conducted one by Emerson College Polling in November.

Contact Ricardo Torres-Cortez at rtorres@reviewjournal.com. The Associated Press contributed to this report.

 

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Second annual Nevada Nordic Freeheel Festival celebrates Tahoe winter recreation at SnowFest

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Second annual Nevada Nordic Freeheel Festival celebrates Tahoe winter recreation at SnowFest


INCLINE VILLAGE, Nev. – It’s time to “free your heels” and embrace Tahoe’s winter recreation at the Nevada Nordic Freeheel Festival on March 7. Whether you’re a seasoned pro at cross-country skiing or snowshoeing, or you’re trying to get your feet wet, Saturday’s event is teeming with nature, brews, and camaraderie. 

The Nevada Nordic Freeheel Festival takes place Saturday, March 7
Provided/SnowFest

Travel North Tahoe Nevada (TNTNV) is teaming up with Nevada Nordic, Tahoe Multisport, Alibi Ale Works, UC Davis Tahoe Environmental Research Center, Nevada Division of Outdoor Recreation and other local partners in the wondrous Tahoe Meadows, providing attendees a chance to engage with outdoor recreation experts, check out free cross-country and snowshoe rentals, and more.

“We’re excited to see the Nevada Nordic Freeheel Festival enter its second year, building on last year’s strong community response. In collaboration with our local partners, this event is thoughtfully curated with residents in mind – offering free equipment for the day, expert instruction, locally crafted brews, and other experiences in a welcoming setting,” said Andy Chapman, President and CEO of Travel North Tahoe Nevada. “It’s designed to make it easy for residents to get outside, try something new, and bring people together. Events like this reflect the spirit of North Lake Tahoe and what’s possible when our community comes together.”



Along with opportunities to test out free demos and rentals, there will be live music, beer tasting and races.

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Tahoe Meadows is known for its gentle trails, and is a popular spot for snowshoeing due to its flat terrain. This event, located near Chickadee Ridge, will offer stunning views of the surrounding mountains. 



This family-friendly event is on the second to last day of the 10-day SnowFest winter festival that’s been taking place in the North Lake Tahoe area. It starts bright and early at 9 a.m. and will close out at 2 p.m.

“Nevada Nordic is thrilled to be a part of SnowFest again this year,” said Meghan Pry, Nevada Nordic Board Member. “We love sharing our passion for cross-country skiing and watching our community grow. We are proud to keep winter recreation accessible by offering free access to our 20km trail network. This is the perfect opportunity for our community to gather together and free our heels!”

For more information about the Nevada Nordic Freeheel Festival or to check out the SnowFest schedule, visit tahoesnowfest.org

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Earthquake swarm rattles central Nevada near Tonopah along newly identified fault

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Earthquake swarm rattles central Nevada near Tonopah along newly identified fault


A swarm of earthquakes has been rattling a remote stretch of central Nevada near Tonopah, including a magnitude 4.0 quake that hit near Warm Springs Tuesday morning.

Seismologists said the activity is typical for Nevada, where clusters of earthquakes can flare up in a concentrated area. “This is a very Nevada-style earthquake sequence. We have these a lot where we just see an uptick in activity in a certain spot,” said Christie Rowe, director of the Nevada Seismological Lab.

The latest magnitude 4.0 quake struck east of Tonopah near Warm Springs. The largest earthquake in the swarm so far has measured a 4.2.

What has stood out to researchers is the fault involved. Rowe said the earthquakes are occurring along a fault stretching along the southern edge of the Monitor and Antelope ranges — and that it was previously unknown to scientists. “We didn’t know this fault was there. It’s a new fault to us — not to the Earth, obviously — but it was previously unknown,” Rowe said.

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For now, the earthquakes have remained moderate. Rowe said the lab would not deploy additional temporary sensors unless activity increases to around a magnitude 5 or greater.

Seismologists said they are continuing to watch the swarm closely as Nevada works to bring the ShakeAlert early warning system to the state. The program, already active in neighboring states, can send cellphone alerts seconds before shaking arrives. “For me, it’s a really high priority. That distance to the faults gives us enough time to warn people — and that can make a big difference in reducing injuries and damage,” Rowe said.

Seismologists encouraged anyone who feels shaking to report it through the U.S. Geological Survey’s “Did You Feel It” system, saying even small quakes can help scientists better understand Nevada’s seismic activity.

Experts said the swarm is worth monitoring but is not cause for alarm. They noted that earthquakes like the 5.8 that hit near Yerington in December 2024 typically happen in Nevada about every eight to 10 years, and said they will continue monitoring the current activity closely.



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