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General Motors to contribute $625M in cash, credit to new JV with Lithium Americas

seekingalpha
2024-10-16

Olemedia/E+ via Getty Images

Lithium Americas (NYSE:LAC) +19.4% pre-market Wednesday after announcing a new investment agreement with General Motors (GM) to establish a joint venture for the construction and operation of Thacker Pass in Nevada.

GM (GM) will acquire a 38% asset-level ownership stake in Thacker

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