GM and Lithium Americas to Develop U.S.-Sourced Lithium …
WEBTue, January 31, 2023. Thacker Pass in Nevada is the largest known source of lithium in the United States. GM to receive exclusive access to Phase 1 production. Material sourced from Lithium Americas will help support EV eligibility for consumer incentives under the U.S. clean energy tax credits.
GM and Lithium Americas to Develop U.S.-Sourced Lithium …
WEBUnder the agreement, GM will make a $650 million equity investment in Lithium Americas, which represents the largest-ever investment by an automaker to produce battery raw materials. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.
Lithium Americas
WEB40 kt. Phase 1 battery-quality lithium carbonate nominal capacity. 40 yrs. 40 year life of mine with expansion potential. $ 2.26 B. U.S DOE ATVM Loan Conditional Commitment. GM. General Motors largest shareholder and offtake partner. Learn More. Latest News. April 22, 2024. Lithium Americas Closes US$275 Million Underwritten Public Offering.
GM to help Lithium Americas develop Nevada's Thacker Pass mine
WEBJan 31 (Reuters) - General Motors Co (GM.N) will invest $650 million in Lithium Americas Corp (LAC.TO) and help it develop Nevada's Thacker Pass lithium mining project, which holds enough of...
WEBIn January 2023, General Motors and Lithium Americas announced that GM will make a $650 million equity investment to jointly develop Thacker Pass. This investment represents the largest-ever investment by an automaker to produce battery raw materials.
Lithium Americas Provides General Motors Transaction
WEBJan 31, 2023 · The largest-ever investment by an automaker to produce battery raw materials, with GM to become Lithium Americas’ largest shareholder. Lithium Americas to receive $650 million equity...
Lithium Americas Provides General Motors Transaction Details …
WEBJan 31, 2023 · Lithium Americas Provides General Motors Transaction Details and Update on Construction Plan for Thacker Pass. Tue, Jan 31, 2023, 8:30 AM 25 min read. In this article: GM. LAC. Lithium...
GM to invest $650 million in lithium company to support EV growth - CNBC
WEBJan 31, 2023 · General Motors said Tuesday it plans to invest $650 million in Lithium Americas to secure access to lithium, a vital component of batteries for electric vehicles. It’s the biggest...
GM and Lithium Americas to Develop U.S.-Sourced Lithium ... - Nasdaq
WEBJan 31, 2023 · Under the agreement, GM will make a $650 million equity investment in Lithium Americas, which represents the largest-ever investment by an automaker to produce battery raw materials....
Exclusive: General Motors moves deeper into mining with EnergyX lithium …
WEBApril 11 (Reuters) - General Motors Co (GM.N) on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker...
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