GM, Lithium Americas agree to $625 million joint venture
1 day ago · GM has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the company. The deal is centered on the development ...
News Details - Lithium Americas
1 day ago · (All amounts in US$ unless otherwise indicated) 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, developing, constructing and operating ...
General Motors to contribute $625 million to new JV with Lithium Americas
1 day ago · Oct 16 (Reuters) - Canadian miner Lithium Americas (LAC.TO), opens new tab said on Wednesday General Motors (GM.N), opens new tab will contribute $625 million to their new joint venture for ...
General Motors founds joint venture for lithium production
8 hours ago · Lithium producer Lithium Americas has entered into a new investment agreement with automotive company General Motors to form a joint venture to build and operate the Thacker Pass lithium mine in Nevada. As part of the deal, GM will invest $625 million, including $430 million in cash and $195 million as a loan. The transaction replaces a J ...
General Motors to invest $625m in Lithium Americas JV - Yahoo …
12 hours ago · LAC. GM. General Motors (GM) Holdings has agreed to form a joint venture (JV) with Lithium Americas for developing the latter’s Thacker Pass lithium project in Humboldt County, Nevada. Under the ...
Unlocking Thacker Pass: General Motors to Contribute Combined …
1 day ago · “Today’s joint venture announcement is a win-win for GM and Lithium Americas. GM’s JV Investment demonstrates their continued support and helps us to unlock the previously announced $2.3 ...
GM to invest $625 million in joint venture to mine EV battery raw …
The joint venture is in addition to GM’s $320 million investment into Lithium Americas in February 2023. The investment included GM acquiring approximately 15 million common shares of Lithium ...
Mine Deal With GM Sends Lithium Americas Stock Flying
1 day ago · 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 ...
General Motors Bets $625 Million On Lithium Americas' Thacker …
1 day ago · Lithium Americas Jumps, GM Near Buy Point LAC stock jumped 21% to 3.23 in early stock market action , still well below its 200-day line. GM stock edged up 0.8%.
General Motors to Invest $625M in JV to Source Lithium for EV
8 hours ago · General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company.
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