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.
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 to contribute $625 million ln to new JV with Lithium Americas
General Motors will contribute $625 million to a new JV with Lithium Americas, with the money going toward developing the Thacker Pass project in Nevada.
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.
General Motors To Invest $625M In Lithium Americas To Boost US EV Production
General Motors is set to invest $625m in Lithium Americas’ Thacker Pass project, boosting EV production,reducing reliance on China.
General Motors to contribute $625M in cash, credit to new JV with Lithium Americas
Lithium Americas surges as it announces new joint venture with General Motors for Thacker Pass construction, replacing previous equity commitment.
General Motors to contribute USD 625 mln to new JV with Lithium Americas
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.
Lithium Americas, General Motors Holdings To Establish New JV
Wednesday announced that it has inked a new investment deal with General Motors Holdings LLC to establish a joint venture for the purpose of funding, developing, constructing and operating Thacker Pass in Humboldt County,
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.
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.
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 the mine producing the critical ingredient for electric-vehicle batteries.
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 ...
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
General Motors has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 ...
Nevada lithium mine gets $625M boost from auto manufacturer
The Thacker Pass mine, which will provide lithium needed to make electric vehicle batteries, is expected to be operational by ...
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Lithium Americas revamps Thacker Pass deal with GM in new US$625M JV
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced anew, US$625-million joint ...
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 ...
Toronto Stocks Advance; Lithium Americas Rises on Upgraded Investment by GM
Shares of Lithium Americas rose nearly 21% in Toronto to 4.46 Canadian dollars ($3.24) after it said General Motors will boost a planned investment in the miner's Thacker Pass project in Nevada to ...