General Motors completed the investment in Controlled Thermal Resources.

General Motors, an automotive manufacturing company, completed the investment in Controlled Thermal Resources, a lithium extraction company. Financial terms were not disclosed. "Lithium is critical to battery production today and will only become more important as consumer adoption of EVs increases, and we accelerate towards our all-electric future. By securing and localizing the lithium supply chain in the US, 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. GM looks forward to working with CTR, in addition to state and local leaders, in achieving these goals," Doug Parks, GM Executive Vice President.