DOE Provides $2.23 Billion Thacker Pass Loan
Nevada Commission on Mineral Resources | State of NevadaState · Carson City, NV- Disclosed value
- $2.23 billion
- From agendapacket
- Document date
- Aug 27, 2026
- Term
- Approximately 23 years from first draw
The 30-second brief
The U.S. Department of Energy provided Lithium Americas with a $2.23 billion ATVM loan to accelerate major construction at Thacker Pass. The loan has an approximately 23-year tenor from the first draw, with $1.209 billion advanced as of the presentation.
U.S. Department of Energy holds this financial services contract with Nevada Commission on Mineral Resources | State of Nevada. Its other public contracts on record include work for City of Tumwater and Grand River Dam Authority | State of Oklahoma.
Term as filed: Approximately 23 years from first draw.
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Contract details
- Contract type
- Financial Services
- Amount
- $2.23 billion
- Document date
- August 27, 2026
- Term
- Approximately 23 years from first draw
- Source document
- Commission on Mineral Resources Agenda Packet August 27, 2026 (AgendaPacket)
U.S. Department of Energy's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Nevada Commission on Mineral Resources | State of Nevada?
U.S. Department of Energy was awarded this financial services contract by Nevada Commission on Mineral Resources | State of Nevada, as recorded on August 27, 2026. The contract value is $2.23 billion.
How much is the U.S. Department of Energy contract with Nevada Commission on Mineral Resources | State of Nevada worth?
The U.S. Department of Energy contract with Nevada Commission on Mineral Resources | State of Nevada is valued at $2.23 billion, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Commission on Mineral Resources Agenda Packet August 27, 2026 (AgendaPacket), dated August 27, 2026 from Nevada Commission on Mineral Resources | State of Nevada. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does U.S. Department of Energy hold?
U.S. Department of Energy may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Nevada Commission on Mineral Resources | State of Nevada currently buying?
Explore Nevada Commission on Mineral Resources | State of Nevada's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.