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GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.
GM is investing almost $1 billion to ensure its access to a key mineral for EV batteries
General Motors (GM) is increasing its investment in a Nevada lithium mine and its operator to almost $1 billion as it looks to secure a long-term supply of a critical mineral for electric vehicle batteries.
General Motors to Invest $625M in JV to Source Lithium for EV Battery
General Motors Company GM has entered into a joint venture (JV) with Lithium Americas Corp. LAC. Per the JV, the automaker will supply $625 million in cash and credit to the Canadian mining company. The partnership focuses on developing,
1h
on MSN
JSW Steel’s new joint venture fast-tracks India entry with ₹4,000 crore thyssenkrupp acquisition
JSW Steel and JFE Steel will acquire thyssenkrupp’s specialty steel unit in Nashik for ₹4,051 crore. The all-cash deal aims ...
GM Authority
1d
GM Injects $625M Into Thacker Pass Mine Joint Venture With Lithium Americas
GM will invest $625 million to support a joint venture with Canadian mining company Lithium Americas and the Thacker Pass ...
3d
Russia Seeks $1 Billion From Oil Giant Shell Over Failed Joint Venture
Russia has filed a suit against Shell in a legal wrangle over the energy giant's departure following the start of war in ...
1d
Indonesia Forms $1.2 Billion Battery Venture with China’s CATL
Indonesia announced a joint venture with China’s Contemporary Amperex Technology Co. Ltd. to invest $1.2 billion in battery ...
21h
on MSN
Reliance forms joint venture with Mothercare
Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, will form the JV that will ...
3d
Leonardo, Rheinmetall Enter Combat Vehicle Joint Venture
Italy’s Leonardo and Germany’s Rheinmetall entered a joint venture for the development and production of combat vehicles, ...
Becker's Hospital Review
7h
SSM Health, Select Medical form joint venture to operate Oklahoma City hospital
St. Louis-based SSM Health and Mechanicsburg, Pa.-based Select Medical have formed a joint venture partnership to own and operate a 50-bed inpatient rehabilitation hospital in Oklahoma City. 1. The ...
Datacenter Dynamics
1d
Joint venture formed to support renewable development in Virginia
Energy firm Perennial Power has partnered with CEP Solar to establish a joint venture (JV) focused on renewable energy ...
1d
on MSN
Anonymous Content Expands Footprint in Australia, New Zealand Through Joint Venture With Producer Brouhaha Entertainment (EXCLUSIVE)
Anonymous Content has struck a partnership with Brouhaha Entertainment, the production banner behind “Boy Swallows Universe,” ...
3d
Joint German-Italian Battle Tank Venture Could Shake Up European Armor Landscape
Two major defense players from Italy and Germany have teamed up to build tanks and infantry fighting vehicles, initially ...
manilatimes
15h
Fancamp Announces Airborne EM-MAG-RADIOMETRIC Survey at New Brunswick Acadian Gold Joint Venture with Lode Gold
The recent combination of mineral assets between Fancamp and Lode Gold Resources Inc. into a dominant land holding of ...
1d
on MSN
China approves BNP Paribas, Volkswagen joint venture, Prudential insurance unit
China has approved two more insurance units to be set up by BNP Paribas and Prudential Financial in a move to further open up ...
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Lithium Americas
Thacker Pass
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