LITHIUM AMERICAS CORP.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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Mar 31, 2026 · Filed May 14, 2026
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DECOMMISSIONING PROVISION AND RECLAMATION BOND
The carrying value of the liability for decommissioning arisen as a result of exploration and development activities at Thacker Pass was $0.5 million as of March 31, 2026 (December 31, 2025 - $0.5 million). The Company has a $1.7 million reclamation bond payable to the Bureau of Land Management (“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, which was accepted and obligated in March 2025.
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