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General Motors to contribute $625M in cash, credit

GlobalData on MSN · 13h

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 · 1d

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.

The Financial Times · 1d

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

EV, GM and Lithium Americas

General Motors makes a USD 625 million lithium-battery move to shore up its EV supply chain

Canadian mining company Lithium Americas Corp announced in a press release on Wednesday that GM investing a total of $625 million to fund the mining of lithium carbonate, a critical component of EV batteries.

Reuters on MSN · 6h

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 vehicles after boosting its investment in a Nevada mine to nearly $1 billion earlier this week,

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.

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 ...

Yahoo Finance11h

General Motors to Invest $625M in JV to Source Lithium for EV Battery

General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the ...

1don MSN

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 ...

8h

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 ...

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 ...

Investor's Business Daily on MSN1d

General Motors Bets $625 Million On Lithium Americas Project; LAC Stock Jumps

Lithium Americas will get a further $625 million from General Motors to move forward with its Thacker Pass, Nev., mine. LAC ...

8h

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.

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