Lithium Americas Corp. (Lake) announced the last of his joint company announced in the past, or JV, with General Motors (GM) to finance, develop, build and function Thacker Pass in Humboldt Canty, snowfall to obtain lithium with lithium with battery quality with carbonate battery quality for the Critical Minerals chain of North America. Lithium Americas now has an interest of 62% for Thacker Pass and will manage the project. GM has acquired an interest of 38% in Thacker Pass for 625 million dollars in money and general loans, comprising $ 430 million in direct monetary investment to the JV to the structure of phase 11 and a letter of credit of $ 195 million. As a component of the fence, GM financed 330 million dollars in money in the JV throughout $ 138 million in Lithium Americas. The contribution of money of $ one hundred million of GM remaining and the contribution of $ 181 million in Lithium Americas must contribute to the final investment decision, or FID, for phase 1. GM will demonstrate LC facilities before the first times in the In the past he announced $ 2. 26 of the company in the past announced through the corporate. B Loan of American energy decomposition, which deserves to occur in mid -2025.
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