Reported about 1 month ago
General Motors has postponed a $330 million investment in Lithium Americas' Thacker Pass lithium project until the end of the year. This investment is part of a larger $650 million commitment to support the development of the project, which has the capacity to supply lithium for manufacturing one million electric vehicles annually. The delay is tied to the completion of a significant loan agreement with the U.S. Energy Department, which Lithium Americas is trying to finalize amid political uncertainties.
Source: YAHOO