Thacker Pass lithium project cost rises 31%
Lithium Americas announced a sharp increase in the construction costs for the Thacker Pass mine in Nevada, which is now expected to reach approximately $3.83 billion.
The construction cost of the Thacker Pass lithium project by Lithium Americas in Nevada has jumped by 31%, as reported this morning (Wednesday) by Northern Miner and BigGo Finance. The updated cost estimate for the project is now approximately $3.83 billion, an increase of $900 million from the previous projection. Meanwhile, reports in Livemint linked part of the project's price hike to the impact of tariffs imposed by the Trump administration. Further details have not yet been released.
Sources: www.northernminer.com, BigGo Finance, www.thenationalnews.com, Livemint, marketscreener.com
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