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GM, Lithium Americas
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 in Nevada.GM will provide $625 million in cash and credit and own a 38% stake in the project.
Lithium Americas Says GM Boosts Investment in Lithium Project
Canada’s Lithium Americas said General Motors will boost investment in the miner’s Thacker Pass project, which produces the critical ingredient for electric-vehicle batteries.
GM Partners with Lithium Americas for $625 million joint venture
GM has entered into a $625 million joint venture with Lithium Americas to develop and operate a lithium carbonate mining project.
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.
Lithium Americas revamps Thacker Pass deal with GM in new $625 million JV
For its 62% ownership of Thacker Pass, Lithium Americas will contribute $387 million to the JV and act as manager of the project.
GM's new US$625M investment sends Lithium Americas stock up 22%
GM's capital is set to help build a Nevada mine that would provide lithium that could be used to make electric-vehicle batteries
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.
General Motors, Lithium Americas to Form Joint Venture to Develop Thacker Pass Mine
General Motors (GM) and Lithium Americas (LAC) agreed to establish a joint venture that will see the automaker inject $625 million to develop and operate a lithium mine, a key raw material source for electric vehicles.
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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 ...
3d
GM Backs Top US Lithium Project With $625 Million Investment
General Motors Inc will commit $625 million toward what’s likely to be one of the biggest US lithium mines, reinforcing the ...
7h
Lithium Americas price target lowered to $2.50 from $3 at Scotiabank
Scotiabank lowered the firm’s price target on Lithium Americas (LAC) to $2.50 from $3 and keeps a Sector Perform rating on ...
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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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on MSN
After Nevada Lithium Deal, GM Eyes Other Sources for EV Minerals Supply
While the Thacker Pass JV should supply GM with a "significant" amount of its lithium, the company is open to other critical ...
3d
on MSN
GM agrees to $625 million 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 ...
3d
GM raises 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 ...
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