DOE agrees to buy 5% stake in Lithium Americas
The United States’ Department of Energy (DOE) agreed to buy minority stakes in Lithium Americas (TSX, NYSE: LAC) and its Thacker Pass project in Nevada in exchange for authorizing funding…
General Motors
DOE re-thinks $2.2B Thacker Pass lithium loan
The Trump administration is reportedly having second thoughts on a Biden-era $2.2-billion loan for Lithium Americas’ (TSX, NYSE: LAC) Thacker Pass project in Nevada, according to Bloomberg News. The loan…
Lithium price may ease again as China mine restarts
Chinese battery producer Contemporary Amperex Technology (CATL) is expected to resume production at its lithium mine in Yichun of Jiangxi province, in a move that could alleviate supply concerns and…
Lithium price surge forecast to be short
Lithium prices surged this week on concerns about supply disruptions in China, but analysts are warning the rally will be short-lived. A halt in production at Chinese lepidolite mines, which…
Lithium rout derails projects around the world, though some persist
Low lithium prices are forcing a raft of companies to delay spending on projects from Quebec to Nevada, from South America to Australia. General Motors (NYSE: GM) has postponed a…
Nouveau Monde Graphite scores deals with GM, Panasonic
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has signed multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Quebec-based…
Automakers invest upstream for lithium as the midstream battery buildout gathers pace
Several announcements Thursday underlined the growing momentum with which an independent-from-China electric vehicle (EV) battery supply chain is taking shape in North America. Major automaker Stellantis N.V. (NYSE: STLA) said…
General Motors to invest US$50M in lithium startup EnergyX
General Motors’ venture capital arm will lead a US$50 million financing round for EnergyX, which is developing a more efficient method to extract lithium from salt beds. According to company…
JV Article: Century Lithium signs engineering contract with Koch Technology Solutions
Century Lithium (TSXV: LCE; US-OTC: CYDVF) is on track to complete a feasibility study by mid-year on its 100%-owned Clayton Valley lithium claystone project in southwestern Nevada, with a plan…
Sigma Lithium stock surges on Tesla takeover rumours
Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with…
Lithium Americas hails mixed ruling allowing Thacker Pass build
Lithium Americas (TSX: LAC; NYSE: LAC) has won part of a court case allowing construction to start on North America’s largest lithium mine, the Thacker Pass project in Nevada where…
GM, Lithium Americas to jointly develop Thacker Pass mine in Nevada
Shares of Lithium Americas (TSX: LAC; NYSE: LAC) soared on Tuesday morning after it announced that General Motors (NYSE: GM) will invest $650 million in the company to help it…