Queensland Pacific Metals partners with General Motors for lithium mining

Electric VehiclesHigh Tech / High Touch
Written By Jennifer Joslyn

🇦🇺 Looking for nickel down under?

General Motors seems to have found it - after partnering with Queensland Pacific Metals. Per their agreement, GM will be funneling $69 million into the mineral company to source the highly-valued battery materials needed to create batteries for electric vehicles. A refinery is scheduled to be built in 2023, also providing GM the opportunity to collect on the tax benefits outlined in the Inflation Reduction Act.

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Per their agreement, GM will be funneling $69 million into the mineral company to source the highly-valued battery materials needed to create batteries for electric vehicles.

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Jennifer Joslyn
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