Trump Sets Sights On This Lithium Stock After Stakes In Intel And MP Materials

Trump Sets Sights On This Lithium Stock After Stakes In Intel And MP Materials

Lithium Americas (LAC) skyrocketed Wednesday on reports that the Trump administration is seeking an equity stake of as much as 10%, the latest push toward state capitalism. Reuters reported late Tuesday that President Donald Trump and his administration are looking to build a substantial stake in Lithium Americas as it renegotiates terms of the company’s $2.26 billion Energy Department loan…