GM will invest $625 million to support a joint venture with Canadian mining company Lithium Americas and the Thacker Pass mining project in Nevada.

General Motors (GM) will acquire a 38% stake in Thacker Pass for a total of $625m, with $430m in cash to aid Phase 1 construction.

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,