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General Motors to contribute $625M in cash, credit

YAHOO!Finance · 3h

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 · 21h

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.

The Financial Times · 19h

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

18hon MSN

Mine Deal With GM Sends Lithium Americas Stock Flying

Key Takeaways Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site ...

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 ...

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 ...

Investor's Business Daily on MSN1d

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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