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Lithium Americas and General Motors Announce Joint Venture for Thacker Pass Project
Contract Type
partnership
VancouverEnergyMiningDescription
Lithium Americas Corp. has closed a joint venture with General Motors Holdings LLC to fund, develop, construct, and operate the Thacker Pass project in Humboldt County, Nevada. The joint venture aims to supply battery-quality lithium carbonate for the North American critical minerals supply chain, with Lithium Americas holding a 62% interest and managing the project, while GM has acquired a 38% interest for $625 million.