** Shares of Deterra Royalties DRR.AX rise 0.7% to A$3.735
** The investment manager and fund operator says Lithium Americas Corporation and General Motors Holdings LLC announced a final investment decision $(FID.AU)$ for Phase 1 of Thacker Pass, in which DRR holds a 4.8% gross revenue royalty
** Confirmation of the FID by JV partners puts project on track to complete Phase 1 in late 2027 - co
** Stock rose as much as 1.8% earlier in the day
** Stock marginally up 0.5% this year, including the day's move
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com;))
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