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U.S. Seeks Equity in Lithium Project to Reduce China Dependency

9/25/2025

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Story summary
  • The U.S. Administration seeks direct equity in critical minerals to curb China dependence.
  • The Trump Administration seeks a 10% stake in Lithium Americas Corp.'s Thacker Pass project in Nevada.
  • Thacker Pass is projected to be the Western Hemisphere's largest lithium project.
  • The DoD partners with MP Materials to build a domestic rare-earth magnet supply chain.