LITHIUM AMERICAS CORP.
For the period ended Mar 31, 2025. Filed May 15, 2025.
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Mar 31, 2025 · Filed May 15, 2025
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DECOMMISSIONING PROVISION AND RECLAMATION BOND
The carrying value of the liability for decommissioning relating to exploration and development activities at Thacker Pass as at March 31, 2025 is $0.3 million (December 31, 2024 - $0.3 million). The Company has a $1.7 million reclamation bond payable to the BLM guaranteed by a third-party insurance company with $0.3 million accepted and obligated for exploration projects. In February 2025, a $73 million reclamation bond payable to the BLM was put in place for Thacker Pass, with $13.7 million accepted and obligated for initial earth work construction.
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