Ganfeng reports 9.3% stake in Lithium Americas via Schedule 13G

Rhea-AI Filing Summary

Lithium Americas Corp. (LAC) disclosed, via a Schedule 13G, that Ganfeng Lithium Group Co., Ltd. beneficially owns 15,000,000 common shares, representing 9.3% of the class as of December 31, 2023. The shares are held of record by its wholly owned subsidiary, GFL International Co., Limited.

Ganfeng reports 0 shares with sole voting and dispositive power and 15,000,000 with shared voting and dispositive power. The percentage is based on 161,778,274 common shares outstanding as of December 31, 2023, as reported by the issuer.

Insights

Equity Ownership Analyst

Ganfeng reports a 9.3% passive stake in LAC via 13G.

Ganfeng Lithium Group reports beneficial ownership of 9.3% of Lithium Americas, equal to 15,000,000 common shares held through GFL International. The filing lists shared voting and dispositive power over all reported shares and no sole power.

The percentage is calculated against 161,778,274 shares outstanding as of December 31, 2023, as cited from the issuer’s annual report. A Schedule 13G typically indicates a non‑controlling, passive ownership posture.

Actual market impact depends on holder decisions; the filing does not specify intentions beyond reporting ownership. Subsequent filings may update ownership if positions change.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

LITHIUM AMERICAS CORP.

(Name of Issuer)

Common Shares, no par value

(Title of Class of Securities)

53681J103

(CUSIP Number)

12/31/2023

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 53681J103

1

Names of Reporting Persons

Ganfeng Lithium Group Co., Ltd./ADR

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 15,000,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 15,000,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,000,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.3 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Items 6, 8, 9: Consists of 15,000,000 Common Shares held of record by GFL International Co., Limited, which is a wholly owned subsidiary of Ganfeng Lithium Group Co., Ltd. Item 11: Based on the quotient obtained by dividing (a) the number of Common Shares beneficially owned by the Reporting Person as set forth in Row 9 by (b) the 161,778,274 Common Shares outstanding as of December 31, 2023, as reported by the Issuer in its Form 20-F for the year ended December 31, 2023 filed with the Securities and Exchange Commission on March 18, 2024.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LITHIUM AMERICAS CORP.
(b)	Address of issuer's principal executive offices: 400 - 900 West Hastings Street, Vancouver, British Columbia, Canada, V6C 1E6
Item 2.
(a)	Name of person filing: Ganfeng Lithium Group Co., Ltd.
(b)	Address or principal business office or, if none, residence: Ganfeng Lithium Group Co., Ltd.: NO. 608, LONG TENG ROAD, CHENGDONG HI TECH DEVELOPMENT ZONE, XIN YU CITY, JIANG XI PROVINCE, P.R. CHINA, 338015
(c)	Citizenship: Ganfeng Lithium Group Co., Ltd.: China
(d)	Title of class of securities: Common Shares, no par value
(e)	CUSIP No.: 53681J103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 15,000,000
(b)	Percent of class: 9.3 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 15,000,000
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 15,000,000
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Ganfeng Lithium Group Co., Ltd./ADR

Signature:	/s/ Xiaoshen Wang
Name/Title:	Mr. Xiaoshen Wang, Vice Chairman and Chief Executive Officer
Date:	10/16/2025

FAQ

What stake did Ganfeng report in Lithium Americas (LAC)?

Ganfeng reported beneficial ownership of 15,000,000 common shares, representing 9.3% of the class as of December 31, 2023.

How is Ganfeng’s LAC stake held?

The 15,000,000 shares are held of record by GFL International Co., Limited, a wholly owned subsidiary of Ganfeng Lithium Group.

What voting and dispositive power did Ganfeng report over LAC shares?

Sole voting power: 0; shared voting power: 15,000,000. Sole dispositive power: 0; shared dispositive power: 15,000,000.

What share count did LAC use to calculate Ganfeng’s 9.3%?

The percentage is based on 161,778,274 common shares outstanding as of December 31, 2023, as reported by the issuer.

What is the relevant date for this Schedule 13G event?

The date of the event requiring the filing is December 31, 2023.

Who signed the ownership report for Ganfeng?

It was signed by Mr. Xiaoshen Wang, Vice Chairman and Chief Executive Officer, dated October 16, 2025.