Firetrail Investments PTY Ltd. acquired 2,134,056 shares of Lithium Americas Corp. during the second quarter. This position is valued at approximately $17.54 million according to an August 17, 2026, filing.
The purchase represents a 0.61% ownership stake in the company. Lithium Americas is now Firetrail’s fifth-largest holding, accounting for 4.9% of its total portfolio.
This institutional backing follows the company's August 13 second-quarter results. Lithium Americas reports that construction at its Thacker Pass project is targeting mechanical completion in late 2027.