Core Viewpoint - Lithium Argentina AG reported strong operational results for 2025, achieving production at the high end of its annual guidance and setting a record for quarterly production in Q4 2025 [1][3]. Operational Highlights - Full-year 2025 production totaled approximately 34,100 tonnes of lithium carbonate, within the guidance range of 30,000 to 35,000 tonnes [8]. - Q4 2025 production reached approximately 9,700 tonnes, with an average operating rate of 97% of nameplate capacity [8]. - Cash operating costs for Q4 2025 are expected to be below $6,000 per tonne, a decrease from $6,285 per tonne in Q3 2025, indicating continued operational optimization [8]. - The Cauchari-Olaroz operation is expected to reduce net debt by $26 million in Q4 2025, with $15 million distributed to both Ganfeng and Lithium Argentina, and over $150 million in liquidity from cash and available undrawn debt facilities [8]. - The company submitted environmental permit and RIGI applications for a Stage 2 expansion of 45,000 tonnes per annum (tpa) of lithium carbonate production capacity [8]. Leadership Updates - Alec Meikle has been promoted to President, responsible for executing the company's strategic plan and managing key external relationships [4][6]. - John Kanellitsas will transition from Executive Chairman to Chairman of the Board, focusing on long-term strategy and industry partnerships [5][6]. - The leadership changes are aimed at strengthening governance and clarifying roles within the company [6].
Lithium Argentina Announces 2025 Production Results for Cauchari-Olaroz and Leadership Updates
Globenewswire·2026-01-06 11:00