Lithium Argentina has closed its $180M strategic investment from Ganfeng Lithium. The six-year, 4.0% note, convertible at $12.50/share, together with cash on hand, will repay in full our $259M notes due January 2027.
A stronger balance sheet and a longer runway to advance Stage https://t.co/YRzEYO7P1c
Lithium Argentina has announced the results of a Scoping Study for the Cauchari-Olaroz Stage 2 Expansion Project in Jujuy, Argentina.
The Study supports a brownfield expansion designed to produce an additional 45,000 tpa of lithium carbonate, taking total Cauchari-Olaroz
ICYMI: Lithium Argentina's Cauchari-Olaroz Stage 2 Scoping Study outlines a path to more than double capacity to ~85,000 tpa, with an initial 10,000 tpa phase being fast-tracked, subject to regulatory approvals.
Read the full release here: https://t.co/WRmZ0mQ7Up
$LAR https://t.co/vMlnAzpCln