Canadian lithium mining firm Lithium Americas has closed its joint venture with GM to develop the Thacker Pass lithium mine in Humboldt County, Nevada.

Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") today announced the closing of its previously announced joint venture (the "JV") with General Motors Holdings LLC ("GM") to fund,

Lithium Americas has officially finalized its joint venture agreement with GM to develop the Thacker Pass lithium mine in Nevada.

(TSX: LAC) has closed on the previously announced joint venture arrangement with General Motors (NYSE: GM). The arrangement has seen the automaker acquire a 38% stake in the

The miner's CEO, Jonathan Evans said that the company is expected to make a final investment decision on the project in early 2025. Under the JV agreement, first announced in October, GM would contribute $625 million to the project to gain a 38% stake in Thacker Pass in the form of cash and a credit facility.