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.

Lithium Americas said on Monday it has closed its joint venture with U.S. automaker General Motors to develop the Thacker Pass lithium mine in Nevada. The miner's CEO, Jonathan Evans said that the ...

Lithium Americas holds a 62% interest and will oversee project management. Initial funding has already begun, with GM contributing $330 million in cash and Lithium Americas adding $138 million.

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 said on Monday it has closed its joint venture with U.S. automaker General Motors to develop the Thacker Pass lithium mine in Nevada. The miner's CEO, Jonathan Evans said that the ...

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.

The miner's CEO, Jonathan Evans said that the company is expected to make a final investment decision on the project in early 2025. Under the JV agreement, first announced in October, GM would ...

2 Represents $211 million initial Lithium Americas estimated contribution referenced in the October 16, 2024 announcement of the JV with GM, adjusted for credits on agreed expenditures that ...

Lithium Americas Corp. has taken significant strides in the development of its Thacker Pass project, including securing a $2.26 billion loan from the U.S. Department of Energy and forming a joint ...