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.
Key Takeaways Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site ...
GM has entered into a $625 million joint venture with Lithium Americas to develop and operate a lithium carbonate mining ...
GM will invest $625 million to support a joint venture with Canadian mining company Lithium Americas and the Thacker Pass ...
While the Thacker Pass JV should supply GM with a "significant" amount of its lithium, the company is open to other critical ...
Unlocking funding and pending loans, Lithium Americas offers strong long-term potential in the growing lithium market despite ...
GlobalData on MSN1d
General Motors to invest $625m in Lithium Americas JVGeneral Motors (GM) will acquire a 38% stake in Thacker Pass for a total of $625m, with $430m in cash to aid Phase 1 ...
For its 62% ownership of Thacker Pass, Lithium Americas will contribute $387 million to the JV and act as manager of the ...
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker ...
Lithium Americas surges as it announces new joint venture with General Motors for Thacker Pass construction, replacing ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback