Lithium Americas intends to separate into two entities by the end of 2023, US-focused Lithium Americas and Argentina-focused Lithium International, and the board of directors approved this plan in May. In January, Lithium Americas' share price jumped overnight on the news that the company and General Motors (NYSE: GM ) would be jointly investing in developing Thacker Pass, with General Motors planning to invest a total of US$650 million in Lithium Americas over two tranches. The first was contingent on the ruling from the US District Court for Nevada with regards to an appeal by a third party of the Bureau of Land Management's approval of the company's plans for Thacker Pass.