Vancouver, British Columbia, February 25, 2022 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or “Company”) Nevada Environmental Protection Agency (“NDEP”) Has issued the final major state-level permit for the Soccer Pass Lithium Project in Humboldt County, Nevada (“).Soccer pass” or “plan“). The three approved permits include a water pollution control permit, a mine rehabilitation permit, and a Class II air quality operation permit.
Jonathan Evans, President and CEO, said: “ThackerPass offers the opportunity to enable a US-based battery supply chain for the growing electric vehicle market. Our effort to develop ThackerPass in the most environmentally friendly way is a necessary plan. , Designed, and involved for over 10 years. “
After a 30-day public comment period and extensive public opinion review by NDEP, the football pass was approved on February 25, 2022. NDEP conducted an extensive review of the mining site program and validated the class air model and calculations. II Air Quality Operation Permit, Assessing Land Disturbances and Bonds Required for Regeneration as Part of Mining Rehabilitation Permit, Approving Mining Operations and Ore Treatment for Water Pollution Control Permits, including Setting Monitoring and Reporting Requirements .. See the NDEP Thacker Pass web page (https://ndep.nv.gov/land/thacker-pass-project) for more information.
Federal Permit Timeline
Record of decision (“”rod) The Thacker Pass was received from the Bureau of Land Management in January 2021 (“”BLM”), And in February 2021, a claim was filed against BLM to appeal for the issuance of a ROD. In the third quarter of 2021, an injunction against the company’s plan to begin cultural evaluation and pre-construction work was dismissed, and then a petition for reconsideration was dismissed in late 2021. Recently, a federal court partially approved additional additional claims. Documents from BLM. As a result of additional documentation requests, the ROD appeal process is expected to be completed in the third quarter of 2022.
About Lithium America
Lithium Americas is focused on pushing lithium projects into production in Argentina and the United States. In Argentina, Caucharí-Olaroz is moving towards its first production and Pastos Grandes represents the growth of the region. In the United States, the Soccer Pass has received a decision record and is moving towards construction. We trade on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol “LAC”.
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Precautions regarding information regarding future prospects
Specific statements in this release are “forward-looking statements” in the sense of applicable US securities law and “forward-looking information” under applicable Canadian securities law (collectively, “forward-looking statements”. ”). Such forward-looking statements include known and unknown risks, uncertainties, and actual results, performance, or outcomes of our company, its projects, or industry results, as expressed future results, performance. , Or other factors that may differ materially from outcomes. It is implied by a statement about such a future outlook. Such statements are “may”, “do”, “can”, “do”, “intention”, “expect”, “believe”, “plan”, “expect”, “estimate”. It can be identified by using words such as “to do”. , “Appointment,” “Forecast,” “Forecast,” and other similar terms, or a particular action, event, or result is “potential,” “potential,” or “potential.” , “Possible”, or “Possible” stated or achieved. These statements reflect our current expectations of future events, financial or operating results and results and are stated only as of the date of this release. Such statements include expectations regarding the development status of our project, the expected potential benefits of the Soccer Pass project for building a battery supply chain in the United States, and the expected timing of court decisions. , Not limited to these. The charm of ROD.
Forward-looking statements carry significant risks and uncertainties and should not be read as a guarantee of future performance or results, but are not necessarily an accurate indicator of whether such results will be achieved. not. A number of factors, such as the development of mining projects, the achievement of planned milestones and budgets, and the risks associated with achieving expected timelines, result in actual results being described or informed by forward-looking statements or information. Can be very different from. Risk inherent in proceedings that may result in additional unexpected delays or judgments that are unfavorable to us or its projects. Maintain community support in the area where the company’s projects are located. Changes in social cognition and their impact on project development and litigation. The ongoing global supply chain disruption and their impact on the development of the company’s projects. Availability of personnel, equipment and facilities. The impact of inflation on companies, their projects and their economic realizability. Impact of COVID-19 on the business of a consolidated entity. Unexpected fluctuations in the market price of our stock. Changes to Lithium Americas’ current and future business plans and strategic alternatives available to Lithium Americas. General stock market conditions. Lithium demand, supply and pricing. General economic and political conditions in Canada, the United States, Argentina, and other jurisdictions in which Lithium Americas operates. Additional information on these assumptions and risks and uncertainties includes our latest annual information form and the latest management discussions and analysis of our most recently completed fiscal year and interim period. It is included in our filings with the authorities. At SEDAR (www.sedar.com) and EDGAR (www.sec.gov).
The forward-looking statements contained in this release are based on our management’s belief that they are reasonable assumptions, but guarantee that actual results are consistent with these forward-looking statements. there is no. These forward-looking statements were made as of the date of this release and are fully explicitly qualified by this notice. In accordance with applicable securities law, we undertake no obligation to update or revise any forward-looking statement contained in this document to reflect any events or circumstances that occur after the date of this release.
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Lithium Americas receives the final major state permit of the Thacker Pass.Provides up-to-date information on the Canadian Business Journal, a federal permit timeline
Source link Lithium Americas receives the final major state permit of the Thacker Pass.Provides up-to-date information on the Canadian Business Journal, a federal permit timeline