Lithium Americas Reports Two Contractor Fatalities at Caucharí-Olaroz

Rhea-AI Summary

Lithium Americas Corp. (LAC) reported two tragic fatalities at its Caucharí-Olaroz lithium project in Jujuy, Argentina, on October 23, 2022. The incidents, which occurred at the camp, are not thought to be workplace accidents, and investigations are underway. CEO Jonathan Evans expressed deep condolences for the loss of the contractors and emphasized the company's commitment to health and safety. Lithium Americas is providing support services, including grief counseling, for its team in Argentina.

Positive

• Lithium Americas is advancing its Caucharí-Olaroz project towards first production.
• The company is also progressing with the Thacker Pass project in the U.S., which has received a Record of Decision.

Negative

• Two fatalities reported at the Caucharí-Olaroz project may raise concerns about safety protocols.

VANCOUVER, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is deeply saddened to report two fatalities at its Caucharí-Olaroz lithium project (“Caucharí-Olaroz”) in Jujuy, Argentina on Sunday, October 23, 2022. The two separate incidents occurred at the camp and are not believed to be the result of workplace accidents. An investigation into the cause is underway and the authorities have been notified.

“It is with deep sadness that we report the tragic loss of two contractors and colleagues at Caucharí-Olaroz. Our thoughts are with their families and friends and our team in Argentina at this difficult time,” said Jonathan Evans, President and CEO of Lithium Americas. “The health and safety of our employees and contractors remains our highest priority.”

Lithium Americas is working alongside our team at Caucharí-Olaroz to ensure proper support, including access to grief counselling services.

ABOUT LITHIUM AMERICAS
Lithium Americas is focused on advancing lithium projects in Argentina and the United States to production. In Argentina, Caucharí-Olaroz is advancing towards first production and the Pastos Grandes project represents regional growth. In the United States, the Thacker Pass project has received its Record of Decision and is advancing towards construction. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”.

For further information contact:
Investor Relations
Telephone: +1-778-656-5820
Email: ir@lithiumamericas.com
Website: www.lithiumamericas.com

FAQ

What happened at Lithium Americas' Caucharí-Olaroz project?

Two fatalities occurred at the Caucharí-Olaroz project on October 23, 2022. The incidents are not believed to be workplace accidents.

How is Lithium Americas handling the fatalities at its project?

Lithium Americas is providing support to its team, including access to grief counseling services.

What is the status of the Caucharí-Olaroz lithium project?

Caucharí-Olaroz is advancing towards first production despite the recent tragic incidents.

How is the Thacker Pass project progressing?

The Thacker Pass project in the U.S. has received its Record of Decision and is moving towards construction.