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The Thacker Pass lithium deposit has measured and indicated resources of 13.7 million tonnes of lithium carbonate equivalent, at an average ore grade of 2,231 ppm (0.22%) lithium. [19] The Thacker Pass volcano-sedimentary deposit is the largest known sedimentary lithium resource in the U.S. [5]
On March 14, 2024, the Biden administration announced a $2.26 billion loan for the construction of the Thacker Pass mine. [12] In October 2024 Lithium Americas announced a substantial investment increase from General Motors, bringing GM’s total commitment to the Canadian mining company to $945 million—up from $650 million.
The department said lithium carbonate from Thacker Pass could support the production of batteries for up to 800,000 electric vehicles annually, avoiding the consumption of 317 million gallons (1.2 ...
GM and miner Lithium Americas announced the two companies will create a joint venture to develop and mine a site known as “Thacker Pass” in Humboldt County, Nev. GM will invest the $625 ...
(Reuters) -Lithium Americas Corp is splitting itself in two, a step designed to jumpstart development of its flagship North American mine while giving partner Ganfeng Lithium Co Ltd wider berth to ...
The Thacker Pass lithium mine is a lithium clay mining development project in Humboldt County, Nevada, which is the largest known lithium deposit in the US and one of the largest in the world. [32] [33] [34] There has been significant exploration of Thacker Pass since 2007.
Within the past month, the Biden administration has approved the Rhyolite Ridge lithium-boron mine in Nevada and loaned $2.6 billion to the company developing Thacker Pass, another lithium mine in ...
The Thacker Pass lithium deposit, located within the caldera, is a prospect that in 2017 was said to be the most significant lithium-clay resource in the U.S. [14] Kleinite , a rare yellow mineral containing mercury (formula: (Hg 2 N)(Cl,SO 4 )·nH 2 O) from the McDermitt Mine [ 15 ]