Hopper58 schreef op 31 januari 2023 16:06:
Op MarketWatch:
Lithium Americas Soars After GM Invests $650 million. The EV War Is Escalating.
Published: Jan. 31, 2023 at 8:01 a.m. ET
By Al Root
Lithium can be mined from salt brines or from rock deposits. The Thacker Pass project will be an open-pit mine, harvesting from a clay-based deposit.
Lithium is becoming a battleground for auto makers looking to win the electric-vehicle wars.
General Motors (ticker: GM) announced Tuesday it was investing $650 million in Lithium Americas (LAC) to develop a lithium deposit in Nevada.
The mine, referred to as Thacker Pass, is projected to begin lithium production in the second half of 2026. GM’s investment will be split into two portions and is contingent on Lithium Americas meeting certain conditions.
www.marketwatch.com/articles/lithium-...