---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-046410"
form_type: "8-K"
ticker: "LAC"
cik: "0001966983"
company_name: "LITHIUM AMERICAS CORP."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:25:35.986854+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lithium Americas reports FY2024 net loss of $42.6M; Thacker Pass construction on track for late 2027

## Summary
- Net loss of $42.6M ($0.21 per share) vs $5.1M in 2023; operating expenses $28.3M.
- Cash & equivalents $594.2M, up from $195.8M; total assets $1,044.9M.
- Thacker Pass Phase 1 engineering >55% complete; first concrete targeted May 2025, production late 2027.
- Funding secured: $2.26B DOE loan, $625M GM JV, $250M Orion; fully funded for Phase 1 construction.
- Capitalized $179.9M in construction costs; 14.3 Mt LCE reserve supports 85-year mine life.

## SEC filing metadata
- accession: 0000950170-25-046410
- form_type: 8-K
- ticker: LAC
- cik: 0001966983
- company_name: LITHIUM AMERICAS CORP.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1966983/000095017025046410/0000950170-25-046410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1966983/000095017025046410/lac-20250328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-046410
- JSON: https://secwatch.observer/filing/0000950170-25-046410.json
- Plain text: https://secwatch.observer/filing/0000950170-25-046410.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.