US govt to buy stakes in Lithium Americas, Thacker Pass JV with GM - Reuters
PositiveFinancial Markets
The US government is set to invest in Lithium Americas and its Thacker Pass joint venture with General Motors, marking a significant step towards bolstering domestic lithium production. This investment is crucial as it supports the transition to electric vehicles and reduces reliance on foreign sources for critical minerals. By backing this project, the government aims to enhance the supply chain for EV batteries, which is vital for achieving climate goals and promoting economic growth.
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