智通财经网·2025-08-12 15:05Group 1 - GFL International and Lithium Argentina have agreed to merge their interests in lithium projects in Argentina, specifically the PPG, PG, and Puna projects, into a joint venture, with GFL International holding 67% and Lithium Argentina holding 33% [1][2] - A new debt financing arrangement will provide Lithium Argentina with $130 million to support its funding needs, including the development of the merged projects [2][3] - The board believes that merging high-quality assets under a unified development plan will create a large-scale, efficient, and sustainable lithium product supply chain, enhancing the group's competitive edge and ultimately creating shareholder value [3] Group 2 - The feasibility study aims for a maximum annual production capacity of 150,000 tons of lithium carbonate equivalent (LCE), developed in three phases of 50,000 tons each [2] - GFL International will have the right to purchase all chemical products produced from the merged project in proportion to its ownership share, and Lithium Argentina will allocate up to 50% of its initial sales volume to GFL International at market prices [2][3] - The financial support provided to Lithium Argentina is a prerequisite for the asset merger, and it is expected to generate additional interest income for the group while not significantly impacting its working capital [3]