NABTU Reacts to $2.26B DOE Loan for Lithium Americas Project

The Facts -

• • The DOE approved a $2.26B loan for the Thacker Pass lithium project.

• • This project will employ many union workers under a labor agreement.

• • NABTU partners with Lithium Americas to boost U.S. battery supply chains.

DOE Approves $2.26 Billion Loan for Thacker Pass Lithium Project

Washington, D.C. – October 28, 2024 – North America’s Building Trades Unions (NABTU) President Sean McGarvey shared a statement about the Department of Energy's substantial $2.26 billion loan to Lithium Americas for their Thacker Pass lithium project in northern Nevada.

"We are thrilled about the Department of Energy's $2.26 billion loan to Lithium Americas for Thacker Pass," said McGarvey. This investment will create hundreds of jobs for Building Trades members through a project labor agreement. Collaborating with Bechtel and General Motors, we aim to enhance the U.S. battery supply chain by utilizing critical minerals. This initiative promises a highly skilled, domestic, union workforce."

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