Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) is pleased to announce it has entered a Community Benefits Agreement with the Fort McDermitt Paiute and Shoshone Tribe. The Tribe is located approximately 40 miles from the Thacker Pass project, in Humboldt County, Nevada. The CBA establishes a framework for continued collaboration and defines the long-term benefits for the Tribe, the largest Native American community within the vicinity of the Project.

“We are pleased to have the support of the Fort McDermitt Paiute and Shoshone Tribe as we advance Thacker Pass towards construction and look forward to generations of future collaboration,” said Jonathan Evans, President and CEO. “The signing of the CBA is a testament to our Company’s commitment to go beyond our regulatory requirements and to form constructive relationships with the communities closest to our projects. We are focused on being a good neighbor, hiring locally and providing the job training to prepare Tribe members for long-term, family-supporting careers critical to developing a North American battery supply chain.”

The CBA is a product of years of engagement, job training and relationship-building between the Company and the Tribe. The CBA provides the Tribe additional training and employment opportunities, and support for cultural education and preservation. Furthermore, the Company has agreed to build an 8,000 square feet community center for the Tribe that includes a daycare, preschool, playground, cultural facility and communal greenhouse to support reclamation efforts and provide income for the Tribe.

Over the summer, Far Western Anthropological Research Group, Inc. with oversight and assistance from Tribe members, completed cultural work on approximately 13,000 acres at Thacker Pass. The cultural work was a key requirement from the National Environmental Policy Act process and found no areas of archeological significance at the Project.

The Company is moving ahead with all areas required to support construction start, including final selection of an engineering, procurement and construction management contractor, evaluating partnership and supply agreements, as well as progressing the U.S. Department of Energy Advanced Technology Vehicles Manufacturing loan program. The Company has received all federal and state environmental permits necessary to begin construction and awaits a ruling on the appeal against the Bureau of Land Management on the issuance of the Record of Decision. Following the completion of briefings on August 11, 2022, the US District Court, District of Nevada has scheduled an oral hearing for January 5, 2023.

ABOUT LITHIUM AMERICAS

Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production. In Argentina, Caucharí-Olaroz is advancing towards first production and Pastos Grandes represents regional growth. In the United States, Thacker Pass has received its Record of Decision and is advancing towards construction.