Lithium Americas has scored a strategic investment of $250 million from global investment firm Orion Resource Partners for the development and construction of Phase 1 of the Thacker Pass lithium project in Humboldt County, Nev. “Orion’s long-term investing horizon and experience with resource development makes them an excellent partner for Lithium Americas and Thacker Pass and contributes to our strong…
Read MoreTag: General Motors
Mining getting backed by – the U.S. government?
Having the government’s help with anything involving mining has been difficult if not impossible for, well, much of recent memory. In fact, there have arguably been more attempts to squash the industry than to help it. From the files of “news we did not think we’d hear today” comes a recent announcement that the U.S. Department of Energy will be…
Read MoreGM, Komatsu partner on HYDROTEC fuel cells
General Motors and Komatsu will co-develop a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck, the world’s best-selling ultra-class haul truck. GM and Komatsu will jointly design and validate the technology. Lightweight and quick to refuel, hydrogen fuel cells are ideal for electrifying applications traditionally powered by diesel engines. Hydrogen provides an effective method to package…
Read MoreGeneral Motors backs lithium tech startup
Automaker General Motors said it will invest in lithium-focused startup EnergyX as it expands further into the mining industry to ensure the long-term supply of the critical metal needed for electric vehicle batteries.
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