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Thacker Pass, General Motors and Lithium Americas

GM Injects $625M Into Thacker Pass Mine Joint Venture With Lithium Americas

GM will invest $625 million to support a joint venture with Canadian mining company Lithium Americas and the Thacker Pass mining project in Nevada.

YAHOO!Finance · 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 Holdings LLC ("GM") have entered into a new investment agreement ("Investment Agreement") to establish a joint venture ("JV") for the purpose of funding,

GlobalData on MSN · 14h

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.

GM, EV and Lithium Americas

Hosted on MSN · 16h

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.

AOL · 1d

GM doubles down on EV batteries, invests $625M in lithium project

Previously, GM invested $320 million into Lithium Americas in exchange for 15 million shares back in February of last year. In total, GM has now invested $750 million into Lithium Americas and the joint venture, not including the $195 million line of credit.

Business Insider on MSN · 1d

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.

Lithium Americas: The Unloved Market Is Getting Some Attention

New ownership structure of Thacker Pass, with Lithium Americas holding 62% and General Motors 38%, is a positive development.

After Nevada lithium deal, GM eyes other sources for EV minerals supply

General Motors is eyeing further North American investments in lithium and other critical minerals used to build electric ...

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 ...

Lithium Americas: You Ain't Seen Nothing Yet

Unlocking funding and pending loans, Lithium Americas offers strong long-term potential in the growing lithium market despite ...

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