Lithium Americas raises Thacker Pass cost estimate by 31% to $3.83bn
· Cairo time
Lithium Americas on Wednesday increased its cost estimate for its flagship Thacker Pass lithium project to $3.83 billion, an increase of 31 per cent, the company said, giving higher labour, construction and logistics costs as reasons.The company said the revised budget adds $895 million in capital costs and raises the Nevada-based project's funding requirements by about $995 million. It said it expects the additional funds to be met through…
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