The first phase of the Thacker Pass project will have a production capacity of 40,000tpa of battery-grade lithium carbonate.
Canadian mining company and GM partner Lithium Americas has finalized a $250 million investment from Orion Resource Partners for the Thacker Pass mine.
The funding allows construction of Phase I of the project to proceed which is expected to produce 40,000 metric tons of battery-quality lithium carbonate each year.
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Lithium Americas said on Tuesday it has reached a final investment decision (FID) for constructing the first phase of the Thacker Pass lithium mine in Nevada.