thacker pass lithium americas news

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 in Nevada.GM will provide $625 million in cash and credit and own a 38% stake in the project.

YAHOO!Finance · 4h

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 · 22h

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.

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GM Partners with Lithium Americas for $625 million joint venture

GM has entered into a $625 million joint venture with Lithium Americas to develop and operate a lithium carbonate mining ...

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 ...

1don 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 ...

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 ...

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