RE: China is eager31 Jan 2023 16:10
And if not, multiple car companies will be.
General Motors Co. and Lithium Americas Corp. (LAC) announced Tuesday they will jointly invest to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the United States and the third largest in the world.
GM will make a US$650 million equity investment in Lithium Americas, which is the largest-ever investment by an automaker to produce battery raw materials. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.