The administration of United States President Donald Trump is considering as much as a 10 percent stake in Lithium Americas, a Canada-based lithium mining company.

Reuters reported on Tuesday that the White House is considering taking a stake in the company, citing two people familiar with the matter.

The possible investment comes as part of the $2.2bn loan from the US Department of Energy for the company’s Thacker Pass mining project in northern Nevada, the largest planned project of its kind in the Western Hemisphere.

The Vancouver, British Columbia-based company confirmed on Wednesday that it has been in discussions with the Department of Energy and with General Motors over the Thacker Pass loan.

Government stake

The move underscores Trump’s increasing use of direct government owne

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