thacker pass general motors news

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.

Reuters on MSN · 18h

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 · 16h

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

23son 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 ...

23h

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 ...

23hon MSN

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 ...

ET Auto3h

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 ...

Mining19h

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 ...

19h

Lithium Americas, General Motors Holdings To Establish New JV

(RTTNews) - Lithium Americas Corp. (LAC.TO, LAC) 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, ...

ET Auto3h

General Motors to contribute USD 625 mln to new JV with Lithium Americas

U.S. automakers are ramping up their output of EVs and hybrids and aiming to reduce their reliance on China for ...

Canadian Mining Journal16h

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 MSN21h

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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