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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure of detailed information about business combination [line items]  
Summary of Consideration Transferred for Asset Acquisition

Consideration for the purchase is as follows:

 

 

 

$

 

Cash

 

 

28

 

Pre-existing investment in Arena Minerals shares and warrants

 

 

18,388

 

Lithium Americas common shares

 

 

163,203

 

Transaction costs

 

 

4,186

 

Consideration given

 

 

185,805

 

Summary of Assets Acquired and Liabilities Received Asset Acquistion

The allocation of the purchase price to the assets acquired and liabilities assumed is based upon estimated fair values at the date of acquisition as set out below:

 

 

 

 

$

 

Cash and cash equivalents

 

 

4,538

 

Receivables, prepaids and deposits

 

 

902

 

Property, plant and equipment

 

 

55

 

Exploration and evaluation assets

 

 

1,385

 

Investment in Sal de la Puna Project

 

 

182,136

 

Accounts payable and accrued liabilities

 

 

(3,211

)

Net assets acquired

 

 

185,805

 

Summary of Joint Arrangement Accounted For Using Equity Method

The Company’s 65% ownership interest in Sal de la Puna is considered to be a joint arrangement and accounted for using the equity method of accounting. Changes in the investment balance are summarized below:

 

 

 

 

$

 

Investment in Sal de la Puna, as at December 31, 2022

 

 

-

 

Acquisition of interest in Sal de la Puna

 

 

182,136

 

Share of loss of Sal de la Puna

 

 

(866

)

Investment in Sal de la Puna, as at December 31, 2023

 

 

181,270

 

Millennial  
Disclosure of detailed information about business combination [line items]  
Summary of Consideration Transferred for Asset Acquisition Consideration for the purchase of Millennial was as follows:

$

Cash

105

Lithium Americas common shares

333,812

Transaction costs

25,812

Consideration given

359,729

Summary of Assets Acquired and Liabilities Received Asset Acquistion

The allocation of the purchase price to the assets acquired and liabilities assumed was based upon fair values at the date of acquisition as set out below:

$

Cash and cash equivalents

33,636

Receivables, prepaids and deposits

999

Property, plant and equipment

4,211

Exploration and evaluation assets

338,050

Accounts payable and accrued liabilities

(17,167)

Net assets acquired

359,729