The proposed stake is the latest example of the #Trump admin intervening directly in the #US #economy as it has in taking stakes in #Intel, #MPMaterials & other US #tech & #minerals firms to promote industries it sees as critical to *national security* [personal enrichment].
Slated to become the Western Hemisphere's largest source of #lithium when it opens in 2028, the #ThackerPass #mine has been under construction for nearly a year with >600 contractors at the site….
Of course he does
Exclusive: #Trump wants piece of company in charge of #US’ biggest #lithium #mine
The Trump admin is seeking an equity stake of as much as 10% in #LithiumAmericas as it renegotiates terms of the company's $2.26 billion #Energy Department loan for its #ThackerPass lithium project with #GeneralMotors, two people familiar with the discussions told Reuters.
#law #extortion
https://www.reuters.com/business/autos-transportation/trump-administration-seeks-equity-stake-lithium-americas-amid-loan-talks-2025-09-23/
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