Trident Royalties PLC Announces Thacker Pass: $2.3bn Loan Commitment from DOE
Thacker Pass Update: Conditional Commitment for $2.3 billion DoE LoanLONDON, UK / ACCESSWIRE / March 15, 2024 / Trident Royalties Plc (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, is pleased to note recent positive announcements by Lithium Americas Corporation ((", LAC", , NYSE:LAC) in relation to its Thacker Pass Lithium Project ("Thacker Pass"). Trident holds a net 1.05% gross revenue royalty over Thacker Pass (after expected exercise of a partial royalty buyback, which would see $13.2 million to Trident).U.S. Government Advanced Technology Vehicles Manufacturing Loan1LAC has received a conditional commitment (the "Conditional Commitment") from the U.S. Department of Ener
