General Motors Secures 20-Year Lithium Offtake via Joint Venture at Lithium Americas’ Thacker Pass Mine
May 19, 2026
General Motors entered into a joint venture structure with Lithium Americas to secure 100% of the first-phase production for 20 years at the Thacker Pass lithium project. The arrangement provides GM an ownership stake in the mine and long-term offtake volumes supporting GM’s EV battery supply chain.
- Buyers
- General Motors
- Targets
- Lithium Americas Corporation
- Industry
- Energy
- Location
- Nevada, United States
- Transaction Type
- Buyout
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