Canada’s Lithium Americas said General Motors GM 1.38 % increase; green up pointing triangle will boost a planned second investment in the miner’s Thacker Pass project in Nevada by nearly 90% ...

Shares of Lithium Americas Corp. LAC surged nearly 6.7% yesterday following the closure of its joint venture with General Motors GM. The agreement centers on the Thacker Pass lithium project, a ...

Lithium Americas shares surged over 20% following the news. GM will hold a 38% stake in the project, with the venture expected to strengthen GM’s EV supply chain. More for You ...

Thacker Pass is 62-percent owned by Lithium Americas, and GM has a 38-percent interest for a total of $625 million in cash and letters of credit.

With support from GM and a DOE grant, Lithium Americas should be able to complete the Thacker Pass project in the next three years or so. Analysts predict that shares of the stock will catapult ...

GM And Lithium Americas Close Joint Venture To Develop Thacker Pass Mine . By George Barta. December 23, 2024 1:17 pm . Facebook Twitter LinkedIn Pinterest Email Print. Sponsored.

On January 30, 2023, Old LAC2 entered into a purchase agreement with GM, pursuant to which GM agreed to make a $650 million equity investment (the “Transaction”), the proceeds of which are to ...

Lithium Americas secured a $625M investment from GM to develop the Thacker Pass lithium project in Nevada. GM will acquire a 38% stake in Thacker Pass, solidifying its commitment to a domestic ...

Aug 30 (Reuters) - Lithium Americas (LAC.TO), opens new tab said on Friday that General Motors (GM.N), opens new tab had agreed to delay an additional investment worth $330 million in the miner ...

Lithium Americas and GM had previously agreed to a deal whereby the automaker would invest $650 million of equity into the miner's project at Thacker Pass in Northern Nevada.

Lithium Americas Corp. (TSX: LAC) (NYSE: ... Lithium Americas Provides an Update on GM Investment (All amounts in US$ unless otherwise indicated) August 30, 2024 07:00 AM Eastern Daylight Time.