Trump administration wants 10% stake in Canadian lithium miner that sells to GM
The Trump administration might be fond of calling the energy transition the “green new scam,” but that isn’t stopping it from seeking a significant stake in what promises to be the largest lithium mine in the Western Hemisphere. In exchange for renegotiating the repayment period of a $2.26 billion Department of Energy loan, the Trump administration is asking for as much as 10% equity in Lithium Americas, a company in which GM is a major investor. Reuters first reported the news Tuesday. “Presi