US Takes a Stake in Another Firm, This Time a Large Lithium Mine

[PAF]

By AP
October 01, 2025


The United States government is taking a minority stake in Lithium Americas, a company that is developing one of the world’s largest lithium mines in northern Nevada.

The Department of Energy will take a 5 percent equity stake in the miner, which is based in Vancouver. It will also take a 5 percent stake in the Thacker Pass lithium mining project, a joint venture with General Motors.


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US takes a stake in another firm, this time a large lithium mine

Vancouver-based Lithium Americas is developing one of world's largest lithium mines in northern Nevada.

www.aljazeera.com

 

[Snowball]

WE ARE BECOMING CHINA

 

[TheTexan]

WE ARE BECOMING CHINA

GOOD

 

[TheCount]

Hahahahaha

 

[vita3]

Is this mini communism?

 

[unknown]

Is this mini communism?

Mini?

 

[unknown]

WTF???

I'm sure that the Dems will undo this once they're back in power...

 

[vita3]

Mini?

5% = Mini lol

 

[CaptUSA]

This can't get to the SCOTUS fast enough.

This was already decided in Youngstown Sheet & Tube Co. v. Sawyer in 1952. Through Executive Order, Truman seized most of the Steel Mills to avert strikes which he thought would hamper national security. The Court quickly found it unconstitutional.

But then they did it again with GM after 2008 - but somehow it didn't get challenged - no party brought a case.

So, the question is... Who has standing???

 

[Snowball]

This can't get to the SCOTUS fast enough.

This was already decided in Youngstown Sheet & Tube Co. v. Sawyer in 1952. Through Executive Order, Truman seized most of the Steel Mills to avert strikes which he thought would hamper national security. The Court quickly found it unconstitutional.

But then they did it again with GM after 2008 - but somehow it didn't get challenged - no party brought a case.

So, the question is... Who has standing???

That was required to be only temporary and they had to sell it back.

Now it's for realz.

 

[Voluntarist]

US Takes a Stake in Another Firm, This Time a Large Lithium Mine​

Leaked Memo from the Office of Strategic Contradiction
Stamped “Confidential” and “Public Triumph” in alternating ink

Subject: Operation Free Market Grip: Federal Acquisition of Lithium While Dismantling EV Incentives
To: All Departments of Energetic Sovereignty
From: Acting Deputy Undersecretary for Ideological Fluidity

In accordance with Executive Directive #1776-B, the Trump Administration has proudly acquired a 5% stake in Lithium Americas and the Thacker Pass lithium mine, thereby securing our God-given right to profit from the electrification of vehicles we are actively making harder to buy.

This maneuver is part of our broader strategy:

• Step 1: Remove EV tax credits and increase tariffs on foreign subcomponents for lithium batteries.
• Step 2: Invest in domestic lithium extraction to ensure supply for the vehicles no one can afford.
• Step 3: Blame California.

The Department of Energy has confirmed that this investment will “reduce dependence on foreign adversaries,” while increasing dependence on domestic irony. Meanwhile, the administration has pledged to defer $182 million in debt service for the mine, proving once again that fiscal restraint is best practiced in the abstract.

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Libertarian economists are reportedly experiencing vertigo. One anonymous scholar was heard muttering, “It’s like Atlas shrugged, then bought stock in what he had just shrugged off.”

In related news, the administration is considering a 10% stake in irony futures and a hostile takeover of cognitive consistency.

President Trump signed the Executive Order while speaking from a golf cart retrofitted with a coal-powered auxiliary engine:

“We’re making electric cars great again by making them rare, expensive, and American-owned.”

 

[Brian4Liberty]

So, the question is... Who has standing???

There you have it. The new excuse to deny justice and bypass the law.

 

[TheTexan]

So, the question is... Who has standing???

Certainly not you, citizen

 

[Anti Globalist]

WTF???

I'm sure that the Dems will undo this once they're back in power...

Democrats will double down on this and continue to buy more stake in other areas. They just needed a Republican administration to do it first.