Trump wants piece of company in charge of America’s biggest lithium mine 

Reuters reported exclusively that the Trump administration is seeking an equity stake of as much as 10% in Lithium Americas as it renegotiates terms of the company’s $2.26 billion Energy Department loan for its Thacker Pass lithium project with General Motors.  Lithium Americas US-listed shares jumped as much as 90 percent in pre-market trading, while GM shares rose 2.6 percent after the report. 

Why it matters 

The proposed stake is the latest example of the Trump administration intervening directly in the American economy as it has in taking stakes in Intel, MP Materials and other U.S. tech and minerals firms to promote industries it sees as critical to national security.