On the 31 January 2023, American vehicle manufacturer General Motors (GM) and Lithium Americas, a lithium mine developer, announced they will jointly invest in the advancement of the Thacker Pass lithium mine in Nevada – the largest known source of lithium in the US. The financing agreement sees GM carrying out a USD650 million equity investment in Lithium Americas, in return gaining exclusive access to the mined lithium from Phase 1 of production and the offer of priority access for Phase 2 of production.

 

 

 

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