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 Holdings LLC ("GM") have entered into a new investment agreement ("Investment Agreement") to establish a joint venture ("JV") for the purpose of funding,
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker ...
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs ...
GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and ...
Canadian mining company Lithium Americas Corp announced in a press release on Wednesday that GM investing a total of $625 ...
Previously, GM invested $320 million into Lithium Americas in exchange for 15 million shares back in February of last year.
General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on ...
Lithium Americas ($LAC) is rising today after General Motors ($GM) announced that it will be backing the Thacker Pass mining project. The legacy ...
Shares of Lithium Americas rose nearly 21% in Toronto to 4.46 Canadian dollars ($3.24) after it said General Motors will boost a planned investment in the miner's Thacker Pass project in Nevada to ...
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