"Thacker Pass" is currently the largest known lithium vein in the United States.

(Associated Press)

[Financial Channel/Comprehensive Report] General Motors (GM) announced on Tuesday (31st) that it plans to invest US$650 million (NT$19.24 billion) in the US mining company Lithium Americas in order to ensure the supply of lithium mines. state to develop large-scale lithium mines.

According to comprehensive media reports, GM's funds will be invested in two installments and released after certain conditions are met, including court and regulatory conditions.

It is reported that Lithium Americas' lithium mine "Thacker Pass" in Nevada has not yet been approved by the court because it was opposed by environmental groups. The judgment of the district court will come out within a few months, and the fate of this mine will be announced soon.

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After the approval of the court, the two companies are expected to start production in the second half of 2026. GM will obtain the exclusive production right of the first phase and the right of first refusal for the second phase of production through a binding supply agreement. The estimated annual output Can supply 1 million electric vehicles.

Benchmark Mineral Intelligence, a market intelligence company that tracks the supply chain of electric vehicles and automobiles, said that for industries related to lithium batteries and electric vehicles, the entire infrastructure was built from scratch, and car manufacturers began to realize that the only way to ensure the supply of lithium ore The way to do this is to own or control lithium mines.

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