The Trump administration wants a 10 % stake in the American mining of Lithium, which sells to General Motors

The Trump administration may be fond of photographing the transmission of energy as a “new green fraud”, but this does not prevent it from searching for a large share in what is considered to be the largest legeium mine in the Western hemisphere.

In exchange for re -negotiating the payment period of $ 2.26 billion, the Trump administration requests up to 10 % of the property rights in Lithium Americans, a company that is the main investor.

Reuters I mentioned for the first time News Tuesday. “President Trump supports this project. He wants to succeed and be also fair to taxpayers,” a White House official told the news organization. “But there is nothing like free money.”

This step will be the latest in a series of negotiations that gave the US government The risks in Intel MP materials.

Lathium for the Americas is developing the THACKER PASS mine in Nevada. The first stage will produce enough lithium to make up to 800,000 electric cars per year. President Trump agreed to the project permit at the end of his first term, and the loan was granted by the Office of the Loans Program in the Ministry of Energy under President Biden.

General Motors bought a 38 % stake in Li -Terium America last year for $ 625 million, a deal that was granted to the auto industry the right to buy the entire first stage of production and 20 years of the second stage. In total, this will be sufficient for 1.6 million volts over the next two decades.

The Trump administration is said to ask General Motors to guarantee these purchases, Even when it thwarts the transfer of auto companies to EVS.