Lithium Americas Issues Thacker Pass Lithium Project Update; Phase 1 Completion Targeted For Late 2027, Targets 40,000 Tonnes Annual Lithium Carbonate Output

Thacker Pass Phase 1 mechanical completion remains on track for late 2027, with ramp-up to commercial production expected in 2028. Updated capital cost estimate provided, with anticipated capital needs expected to be funded through available sources.

Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) ("Lithium Americas," "LAC" or the "Company") announced an update on its Thacker Pass lithium project in Humboldt County, Nevada ("Thacker Pass" or the "Project"). Mechanical completion of Thacker Pass Phase 1 construction is targeted for late 2027, with ramp-up through 2028. Once at full production capacity, Thacker Pass is expected to produce nominal 40,000 tonnes per year of battery-quality lithium carbonate.