Lithium Americas (LAC) Shares Surge on Partnership with General Motors

Oct 17, 2024

Shares of Canadian mining company Lithium Americas (LAC, Financial) continued to rise in pre-market trading, gaining an additional 5.47% after a significant increase of over 23% recently, reaching a new high. This surge follows the announcement of a joint venture agreement with General Motors. As part of the agreement, the automaker will invest $625 million to develop and operate a lithium mine, a crucial resource for electric vehicle production.

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