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General Motors to contribute $625M in cash, credit
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.
General Motors to Invest $625M in JV to Source Lithium for EV Battery
General
Motors
Company GM has entered into a joint venture ... The partnership focuses on developing, building and operating the
Thacker
Pass
lithium carbonate mining project in Humboldt County, NV. The construction at the site began in March 2023 after ...
13h
on MSN
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker ...
electrive
10h
General Motors founds joint venture for lithium production
Lithium producer Lithium Americas has entered into a new investment agreement with automotive company General Motors to form ...
ET Auto
17h
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 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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