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Lithium Americas Finalizes Financing US Lithium Project With GM, Orion Resource Partners - Lithium Americas (NYSE:LAC)

Summary by Benzinga

Junior miner Lithium Americas Corp (NYSE:LAC) announced a final investment decision for the first phase of its flagship Thacker Pass lithium mine in Nevada. The project, structured as a joint venture with General Motors, should be operational by late 2027. “Together, we will develop a U.S.-produced lithium supply chain to reduce American dependence on foreign suppliers for critical minerals,” said Lithium Americas CEO Jonathan Evans. The company…

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Benzinga

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Lithium Americas Finalizes Financing US Lithium Project With GM, Orion Resource Partners - Lithium Americas (NYSE:LAC)

4 days ago·New York, United States

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Australian Resource & Investment

Lithium Americas fully funded to develop Thacker Pass - Australian Resources & Investment

Image: Henri Koskinen/stock.adobe.comLithium Americas has secured full funding for phase one of its Thacker Pass lithium project in Nevada after closing a $US250 million ($395.5 million) investment. Orion Resource Partners LP is the investor, paving the way for Lithium Americas to announce a positive final investment decision (FID) to develop phase one in partnership with General Motors (GM). The Orion investment includes $US195 million in senio…

3 days ago

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Mugglehead Magazine

Lithium Americas gets $250M investment for lithium rich Thacker Pass project

Lithium Americas Corp (TSE: LAC) (NYSE: LAC) closed a USD$250 million investment round from funding entities managed by Orion Resource Partners LP to help with the first phase of the Thacker Pass lithium project in Humboldt County, Nevada. On Tuesday, the company, along with its joint venture partner, General Motors Corp (NYSE: GM), also announced the final investment decision for the first phase. This investment fulfills all outstanding require…

4 days ago

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themarketonline.ca

World's top lithium project fully funded for 2027 production

Lithium Americas (TSX:LAC) closed a US$250 million investment from funds managed by Orion Resource Partners The capital will allow the company to complete phase 1 of its flagship Thacker Pass project, which houses the world’s largest lithium resource and reserve Lithium Americas is developing its Thacker Pass project in Nevada towards production The lithium stock has given back 58.6 per cent year-over-year tracking its target commodity’s recent…

4 days ago

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stocktitan.net

Major Breakthrough: Thacker Pass Lithium Project Locks $250M Investment, Achieves Full Funding Status

Lithium Americas secures $250M from Orion Partners, completing funding requirements for $2.26B Thacker Pass project. GM partnership strengthens development plan.

5 days ago

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