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General Motors to contribute $625M in cash, credit

YAHOO!Finance · 1h

General Motors to invest $625m in Lithium Americas JV

General Motors (GM) will acquire a 38% stake in Thacker Pass for a total of $625m, with $430m in cash to aid Phase 1 construction.

Reuters on MSN · 19h

General Motors to contribute $625 million to new JV with Lithium Americas

Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada. U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for battery-related materials in a competitive market.

Seeking Alpha on MSN · 1d

General Motors to contribute $625M in cash, credit to new JV with Lithium Americas

Lithium Americas surges as it announces new joint venture with General Motors for Thacker Pass construction, replacing previous equity commitment.

1d

Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas

Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced the Company and General Motors ...

17h

General Motors increases investment in lithium mine to nearly $1bn

US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs ...

General Motors makes a USD 625 million lithium-battery move to shore up its EV supply chain

Canadian mining company Lithium Americas Corp announced in a press release on Wednesday that GM investing a total of $625 ...

Canadian Mining Journal17h

Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV

Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced anew, US$625-million joint ...

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