Trump administration wants 10% stake in Canadian lithium miner that sells to GM

The Trump administration has requested a 10% stake in a Canadian lithium miner, Lithium Americas, which sells to General Motors (GM). The request came after Lithium Americas asked for a minor change to the loan repayment period. The company had previously secured a loan from the U.S. Department of Energy to support the development of a lithium project in Nevada. The move is seen as the Trump administration's effort to assert more control over critical mineral supplies, particularly those used in electric vehicle batteries. Lithium is a key component in these batteries, and the administration's request suggests a desire to secure a direct stake in the company's operations. The article highlights the ongoing tensions between the U.S. government and private companies in the realm of critical mineral supply chains. The outcome of this request could have implications for the broader lithium industry and the future of electric vehicle production in the United States.