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GM Invests In Project That Could Become America s Biggest Lithium Supply

GM is aiming to secure a lithium supply large enough to power six million EVs by mid-2024. The project will include a multimillion-dollar investment into a California lithium site. The deal will see GM help develop Controlled Thermal Resources (CTR) Ltd’s Hell’s Kitchen geothermal brine project near California’s Salton Sea, 160 miles southeast of Los Angeles. “By securing and localizing the lithium supply chain in the U.S., we’re helping ensure our ability to make powerful, affordable, high mileage EVs while also helping to mitigate environmental impact and bring more low-cost lithium to the market as a whole,” said Doug Parks, GM executive VP of Global Product Development, Purchasing, and Supply Chain. “GM looks forward to working with CTR, in addition to state and local leaders, in achieving these goals.”

The Fiji Times » GM shakes up lithium industry with California geothermal project

Reuters Reuters 3 July, 2021, 11:15 am The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook July 2 (Reuters) – General Motors Co (GM.N) is investing in a U.S. lithium project that could become the country’s largest by 2024, making the automaker one of the first to develop its own source of a battery metal crucial for the electrification of cars and trucks. The deal, announced on Friday, comes as automakers around the world scramble for access to lithium and other electric vehicle (EV) metals as internal combustion engines are phased out.

GM reaches historic agreement to invest millions in lithium project at the Salton Sea

GM reaches historic agreement to invest millions in lithium project at the Salton Sea KESQ General Motors (GM) and Controlled Thermal Resources have reached a historic agreement to develop low-cost lithium at the Salton Sea Geothermal Field, the companies announced With this deal, GM becomes the first company to make a multi-million dollar investment in Controlled Thermal Resources Hell s Kitchen project, which is located near the Salton Sea. The agreement means that a significant portion of GM s future battery-grade lithium hydroxide and carbonate could come from the Hell s Kitchen development. Lithium is a metal crucial to GM s plans to make more affordable, higher mileage electric vehicles, the company stated in its

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