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Lithium Americas, General Motors
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.
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.
Nevada lithium mine gets $625M boost from auto manufacturer
The Thacker Pass mine, which will provide lithium needed to make electric vehicle batteries, is expected to be operational by 2028.
3m
on MSN
After Nevada Lithium Deal, GM Eyes Other Sources for EV Minerals Supply
While the Thacker Pass JV should supply GM with a "significant" amount of its lithium, the company is open to other critical ...
2h
Lithium Americas: You Ain't Seen Nothing Yet
Unlocking funding and pending loans, Lithium Americas offers strong long-term potential in the growing lithium market despite ...
23h
on MSN
Mine Deal With GM Sends Lithium Americas Stock Flying
Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site in Nevada.
1d
on MSN
GM makes a $625 million lithium-battery move to shore up its EV supply chain
General Motors is investing $625 million in the domestic EV supply chain, partnering with Lithium Americas Corp to develop a ...
Canadian Mining Journal
1d
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 ...
Investor's Business Daily on MSN
1d
General Motors Bets $625 Million On Lithium Americas Project; LAC Stock Jumps
Lithium Americas will get a further $625 million from General Motors to move forward with its Thacker Pass, Nev., mine. LAC ...
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