Why is Lithium Americas Splitting Into Two Companies?

In short: to protect themselves from accountability for their crimes.

Lithium Americas Corporation is splitting into two companies: Lithium Americas (which will own Thacker Pass and other North American projects) and Lithium International (which will own Cauchari-Olaroz). Why are they doing this? In short: to protect themselves from accountability for their crimes.

They are doing this to limit their liability, protect themselves from activists and political inquiries, and access loans from the U.S. Department of Energy.

The lithium brine project at Cauchari-Olaroz, in northwestern Argentina, is 44.8% owned by LAC and 46.7% owned by the Chinese company Ganfeng Lithium.

Two workers died at that site in October in unknown circumstances, and The Washington Post has made allegations of serious human rights violations.

LAC is trying to offload their China connection in order to bypass Republican opposition and access federal battery money, and distance themselves from the human rights abuses, environmental harms, and now worker deaths in Argentina that mirror what is beginning at Thacker Pass.

#ProtectThackerPass #ProtectPeeheeMuhuh #mining #lithium