Welcome to our dedicated page for Lithium Americas news (Ticker: LAAC), a resource for investors and traders seeking the latest updates and insights on Lithium Americas stock.
Lithium Americas (NYSE: LAAC) is a leading developer of lithium resources critical for electric vehicle batteries and renewable energy storage. This dedicated news hub provides investors and industry professionals with comprehensive access to the company's official communications and market developments.
Our curated collection features press releases, project updates, and regulatory filings directly from Lithium Americas. Users can track the company's progress in lithium extraction technologies, partnership announcements, and operational milestones across its mining projects.
The page serves as an essential resource for understanding LAAC's role in the global battery materials supply chain. Content is organized chronologically showcase strategic initiatives in lithium production while maintaining strict compliance with financial disclosure standards.
Bookmark this page for streamlined access to Lithium Americas' latest developments in sustainable resource extraction. Check back regularly for authoritative updates on one of the lithium sector's most strategically positioned companies.
Lithium Argentina AG (TSX: LAR) (NYSE: LAR) has announced it will release its first quarter 2025 earnings results after market close on Wednesday, May 14, 2025. The company will follow up with a webcast and conference call to discuss the quarterly results on Thursday, May 15, 2025, at 10:00am ET.
Investors and interested parties can access the webcast through the Investor Relations section of the company's website at www.lithium-argentina.com.
Lithium Argentina (TSX: LAR, NYSE: LAR) has signed a Letter of Intent with Ganfeng Lithium to jointly develop the Pozuelos-Pastos Grandes (PPG) basins in Argentina. The partnership aims to consolidate multiple projects: Ganfeng's wholly-owned Pozuelos-Pastos Grandes project, the jointly-owned Pastos Grandes project (85% LAR, 15% Ganfeng), and Sal de la Puna project (65% LAR, 35% Ganfeng).
The development plan targets a combined capacity of up to 150,000 tonnes per annum of lithium carbonate equivalent, utilizing solar evaporation and direct lithium extraction (DLE) technology. A 5,000 tpa DLE demonstration plant is being manufactured for installation at the Cauchari-Olaroz operation, expected to complete later this year.
The companies are exploring financing options, including potential customer collaborations and strategic partnerships for offtake and minority ownership. The joint venture remains subject to definitive documentation, development plan completion, regulatory approvals, and other closing conditions.
Lithium Argentina (NYSE: LAR) reported strong operational performance for 2024, with its Cauchari-Olaroz facility becoming Argentina's largest lithium carbonate operation. The facility achieved 25,400 tonnes of lithium carbonate production in 2024, exceeding guidance, with Q4 production reaching 8,500 tonnes at 85% of design capacity.
Key financial metrics include revenue of $198 million with average realized price of $7,800 per tonne, and cash operating costs of $7,130 per tonne. The company reduced project-level debt from $350 million to $210 million. For 2025, production guidance is set at 30,000-35,000 tonnes, with expected similar operating costs to 2024.
The company is implementing new processing technologies, including a solvent extraction DLE process, with a 5,000 tpa demonstration plant expected to begin commissioning by end of 2025. Future expansion plans include Stage 2 development for additional 40,000 tpa capacity and regional growth targeting up to 150,000 tpa of LCE production.
Lithium Argentina AG (TSX: LAR) (NYSE: LAR) has announced it will release its fourth quarter and full year 2024 financial results after market close on Monday, March 17, 2025. The company will host a webcast and conference call to discuss these results on Tuesday, March 18, 2025, at 10:00 a.m. ET.
A webcast replay will be made available through the company's Investor Relations section of their website following the event. Interested parties can access the live webcast through the provided attendee URL.
Lithium Argentina AG (TSX: LAAC) (NYSE: LAAC), formerly known as Lithium Americas (Argentina) Corp., has successfully completed its corporate migration from Canada to Switzerland. As part of this transition, the company will maintain its listings on both the Toronto Stock Exchange (TSX) and New York Stock Exchange (NYSE), but will trade under the new symbol 'LAR' starting January 27, 2025. The company will continue to comply with public company reporting requirements under both Canadian and U.S. securities laws.
Lithium Argentina (LAAC) shareholders have overwhelmingly approved the company's plan to change its incorporation from Canada to Switzerland at a Special Meeting held on January 17, 2025. The arrangement resolution received 99.23% approval from voting shareholders, with 39.78% of total shares outstanding being represented at the meeting.
The Corporate Migration is expected to become effective around January 23, 2025, subject to final court order from the Supreme Court of British Columbia and other customary approvals. According to CEO Sam Pigott, this strategic move aims to strengthen the company's position by expanding its financial and strategic flexibility. The company's focus remains on strengthening operations in Argentina, building on production at Caucharí-Olaroz, improving efficiency, and advancing growth in the electromobility supply chain.
Lithium Argentina (LAAC) announced its 2024 production results and 2025 guidance for Caucharí-Olaroz operations. The company achieved its 2024 target with 25,400 tonnes of lithium carbonate production, reaching 85% of design capacity in Q4 2024. Fourth quarter production was approximately 8,500 tonnes, marking a 25% increase from Q3.
For 2025, production guidance is set at 30,000-35,000 tonnes of lithium carbonate. The company filed an updated technical report for Stage 1 (40,000 tonnes per annum capacity), revealing a revised long-term operating cost estimate of $6,543 per tonne and an after-tax NPV(8%) of $3.6 billion.
The company announced amendments to resolutions for its January 17, 2025 special meeting regarding redomiciling to Switzerland. Key changes include reducing capital band limits from 20% to 10% and lowering equity incentive conditional capital from 15% to 10%.
Lithium Argentina (LAAC) has filed meeting materials for a special shareholders' meeting on January 17, 2025, to approve the company's redomiciling to Switzerland under the new name Lithium Argentina AG. The move requires shareholder, stock exchange, and court approval, expected in early 2025.
The virtual meeting will be held at 10:00 a.m. (Pacific Time), with shareholders as of December 3, 2024, eligible to vote. The proxy voting deadline is set for January 15, 2025. Meeting materials are available on the company's website, SEDAR+, and EDGAR. Due to ongoing postal strikes in Canada, alternative delivery methods have been arranged through Broadridge Financial Solutions and Computershare Investor Services.
Lithium Argentina (TSX/NYSE: LAAC) announced plans to establish corporate domicile in Switzerland, rebranding as Lithium Argentina AG in early 2025. The strategic move requires shareholder, stock exchange, and court approval. The company will maintain its TSX and NYSE listings under the new symbol 'LAR' and continue operating under North American securities laws. The operational headquarters will relocate to Buenos Aires, Argentina. The company's partner, Ganfeng, has agreed to a three-year standstill agreement preventing acquisition of controlling interest. A special shareholder meeting is scheduled for January 17, 2025, to approve the continuation.
Lithium Argentina (LAAC) reported Q3 2024 results, highlighting a 21% increase in production at Caucharí-Olaroz to 6,800 tonnes compared to Q2. The facility is operating at 75-80% of its 40,000 tonnes annual design capacity. The company maintains its 2024 production guidance of 20,000-25,000 tonnes. Realized prices were approximately $8,000 per tonne in Q3, with recent prices declining to $7,000 per tonne. The company reported a net loss of $2.4 million, compared to a $6.6 million gain in Q3 2023. Cash position stands at $92 million, with total assets of $1.12 billion and liabilities of $228.1 million.
