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GM, EV
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 Pass in Humboldt County, Nevada.
GM Invests $625M in EV Battery Material Mining Operation
GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and decrease its reliance on imported materials.
GM Commits $625 Million to Joint Lithium Venture, Bolsters U.S. EV Supply Chain
General Motors Co. (GM) announced Wednesday a strategic investment of $625 million into a joint venture with Lithium Americas Corp., a Canadian mining company, to develop a lithium mining operation at Thacker Pass,
18h
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 ...
cbtnews
1h
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 ...
electrive
2h
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 ...
6h
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 ...
bovnews
1d
Lithium Americas (LAC) Surges on Exciting Joint Venture with GM
Lithium Americas and General Motors. The recent boost in Lithium Americas’ stock can be traced back to an exciting announcement regarding a new investmen ...
22h
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 ...
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 ...
Canadian Mining Journal
22h
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 ...
Mining
1d
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 ...
1d
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 ...
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