GM Expands Investment in Lithium Mining and Seeks More EV Mineral Sources

Reported about 1 month ago

General Motors is significantly increasing its investment in the Thacker Pass lithium mine in Nevada to nearly $1 billion, aiming to secure a reliable supply of critical minerals for electric vehicle production. While the joint venture with Lithium Americas enhances its lithium access for 20 years, GM is also exploring additional partnerships for sourcing other essential minerals throughout North America, focusing on establishing a robust regional supply chain.

Source: YAHOO

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