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EV, GM
GM doubles down on EV batteries, invests $625M in lithium project
GM (GM) is upping the ante on its EV bet, investing $625 million directly into a US-based lithium mine project. GM and miner Lithium Americas (LAC) announced the two companies will create a joint venture to develop and mine a site known as “Thacker Pass” in Humboldt County,
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 lithium mine in Nevada.
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the Canadian mining business, the companies announced Wednesday.
Lithium Americas, JV and General Motors
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.
Lithium Americas revamps Thacker Pass deal with GM in new $625 million JV
For its 62% ownership of Thacker Pass, Lithium Americas will contribute $387 million to the JV and act as manager of the project.
Lithium Americas, General Motors Holdings To Establish New JV
Wednesday announced that it has inked a new investment deal with General Motors Holdings LLC to establish a joint venture for the purpose of funding, developing, constructing and operating Thacker Pass in Humboldt County,
5h
on MSN
GM joint venture 'super helpful' as lithium demand slumps, says Lithium Americas' CEO Jonathan Evans
Jonathan Evans, Lithium Americas president and CEO, joins 'Closing Bell Overtime' to talk its joint venture with General ...
7h
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.
9h
GM raises 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 ...
14h
on MSN
Lithium Americas Says GM Boosts Investment
Canada’s Lithium Americas said General Motors will boost investment in the miner’s Thacker Pass project, which produces the ...
14h
on MSN
GM agrees to $625 million 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 ...
15h
GM Backs Biggest US Lithium Project With $625 Million Investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the ...
Vancouver Is Awesome
3h
GM's new US$625M investment sends Lithium Americas stock up 22%
GM's capital is set to help build a Nevada mine that would provide lithium that could be used to make electric-vehicle ...
15h
Lithium Americas Says GM Boosts Investment, Buys Stake in Nevada Lithium Project
Canada's Lithium Americas said General Motors will boost a planned investment in the miner's Thacker Pass project in Nevada by nearly 90% to $625 million, giving the auto maker an ownership stake in ...
Investor's Business Daily on MSN
14h
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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General Motors
United States Department of Energy
Thacker Pass
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