Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, March 14th. I'm Julie Morgan.

Lithium Americas could get a major boost from the government.

Paramount Global offloads its India television business and GE cuts its stake in GE health care.

Lithium Americas is up more than 7% in pre-market action on a report that the

Biden administration is set to lend the company $2 billion for its lithium mine in Nevada.

The conditional loan commitment could come as soon as today, according to a Bloomberg report

on Wednesday, which cited a person familiar with the matter.

The funding will come from the U.S. Department of Energy and will help finance the construction

of a lithium carbonate processing plant.

The project is expected to be adjacent to the lithium. the the funding is expected to be the largest ever loan to a mining company from the DOE's

Loan Programs Office.

The project is considered one of the most promising opportunities in the U.S. to produce

lithium for use in electric vehicle batteries, solar

panels, and wind turbines.

Paramount Global on Wednesday said it had agreed to sell its Indian television interest to partner Reliance Industries.

The deal comes two weeks after Reliance and Walt Disney said they would merge their

Indian television and digital streaming assets.

As per the transfer agreement, Paramount sold its 13.01% stake in Reliances Viacom 18 Media Company to the Indian conglomerate for an aggregate purchase price of

$217 million.

According to the regulatory filing, after the closing, Paramount will continue to license its content to Viacom 18.

According to government data, India's media and entertainment sector is expected to reach

...