Page 109 - Thacker Pass News Today

General Motors has conditionally agreed to invest $650 million in Lithium Americas in a deal that will give GM exclusive access to the first phase of a mine planned near the Nevada-Oregon line with the largest known source of lithium in the U.S. The equity investment the companies announced jointly Tuesday is contingent on the project clearing the final environmental and legal challenges it faces in federal court in Reno, where conservationists and tribes are suing to block it. GM said Tuesday�...

The move by General Motors Co. represents the largest single investment to date by an automaker in a lithium mining project, according to a joint statement

General Motors is investing $650 million in Lithium Americas to help develop the Thacker Pass lithium mine in Nevada.

Read more about how General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world

The automaker still expects to sell 1 million EVs in North America by 2025, thanks in part to aggressive investments in battery production, CEO Mary Barra says.

General Motors Co. in Detroit has invested $650 million in Lithium Americas Corp. of Vancouver, British Columbia, Canada.

Environmental advocacy groups continue to oppose mining efforts within the US, despite pushing for a green future through electric vehicles.

General Motors Co., represented by Mayer Brown LLP, and mining company Lithium Americas Corp. announced Tuesday the former's $650 million equity investment to develop Nevada's Thacker Pass mine, which is the largest known source of lithium in the country.

Analysts say American Lithium‘s Tonopah project in Nevada could run at world-beating costs.

General Motors has conditionally agreed to invest $650 million in Lithium Americas in a deal that will give GM exclusive access to the first phase of a mine planned near