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.
Lithium Americas and General Motors have formed a joint venture to extract lithium from the Thacker Pass site in Nevada.
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced the Company and General Motors ...
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs ...
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced anew, US$625-million joint ...
Lithium Americas and General Motors. The recent boost in Lithium Americas’ stock can be traced back to an exciting announcement regarding a new investmen ...
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker ...
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 ...
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