News Details - Lithium Americas
2 days ago · Lithium Americas will have a 62% interest in Thacker Pass and will manage the Project (the “Manager”) on behalf of Lithium Americas and GM (together the “JV Partners”). GM will have a 38% interest in Thacker Pass and commit $625 …
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 ...
Unlocking Thacker Pass: General Motors to Contribute Combined …
1 day ago · Lithium Americas will have a 62% interest in Thacker Pass and will manage the Project (the "Manager") on behalf of Lithium Americas and GM (together the "JV Partners").
Lithium Americas revamps Thacker Pass deal with GM in new …
1 day ago · GM is to extend its existing offtake agreement with Lithium Americas for up to 100% of production volumes from Thacker Pass’ first stage to 20 years to support the expected maturity of the DOE loan.
Mine Deal With GM Sends Lithium Americas Stock Flying
1 day ago · Lithium Americas said that GM would put up $625 million and acquire a 38% stake in the Thacker Pass site. It added that $430 million of the money would be in a direct cash payment to support the ...
Lithium Americas Provides a Thacker Pass Construction Plan …
Mar 14, 2024 · Lithium Americas is committed to responsibly developing the 100%-owned Thacker Pass project located in Humboldt County in northern Nevada, which hosts the largest known Measured and Indicated lithium resource in North America.
Lithium Americas Says GM Boosts Investment in Lithium Project
1 day ago · Canada’s Lithium Americas said General Motors GM 2.42% will boost a planned second investment in the miner’s Thacker Pass project in Nevada by nearly 90% to $625 million, giving the auto maker ...
Lithium Americas Commences Construction at Thacker Pass
Thacker Pass is targeting 80,000 tonnes per annum (“tpa”) of battery-quality lithium carbonate (“Li 2 CO 3 ”) production capacity in two phases of 40,000 tpa, respectively (“Phase 1” and “Phase 2”). Phase 1 production is expected to commence in the second half of 2026.
Energy Department conditionally approves $2.26 billion loan for …
Mar 15, 2024 · The loan would help finance the a lithium carbonate processing plant at the Thacker Pass mine about 200 miles (322 kilometers) north of Reno — “the largest-proven lithium reserves in North America,” DOE said in a statement.
General Motors to invest $625m in Lithium Americas JV - Yahoo …
17 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 ...