secwatch.observer — SEC 8-K summary
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Issuer:     LITHIUM AMERICAS CORP. (LAC)
CIK:        0001966983
Form:       8-K
Filed at:   2026-08-13T10:55:16+00:00
Accession:  0001193125-26-347834
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithium Americas Q2 2026 net income $1.7M; Thacker Pass on track for late 2027 completion
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- Q2 2026 net income $1.7M vs $13.2M loss in Q2 2025; basic EPS $0.01, diluted -$0.02.
- Cash and restricted cash $1.28B at June 30, 2026; DOE loan advances total $1.209B.
- Thacker Pass construction: 1,600 workers on site, mechanical completion late 2027; 2026 capex guidance $1.3-1.6B.
- Tariff exposure estimated $80-100M, mostly in 2026; steel re-routed via Port of Jeddah.
- Entered Yorkville convertible debenture agreement up to $175M, initial $150M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1966983/000119312526347834/0001193125-26-347834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1966983/000119312526347834/lac-20260813.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-347834

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer