Core Viewpoint - Ganfeng Lithium (01772) has made significant progress in its joint development project with Lithium Argentina, receiving the Environmental Impact Assessment Report (DIA) from the Salta Province's Mining and Energy Secretariat, which is a crucial step for the project [1] Group 1: Project Development - The joint project aims to submit an application for the Regimen de Incentivo para Grandes Inversiones to the Argentine government in the first half of 2026 to gain local government support and fiscal incentives [1] - The project is designed with an annual production capacity of approximately 150,000 tons of Lithium Carbonate Equivalent (LCE) and will be developed in three phases over a lifespan of 30 years [1] Group 2: Cost Estimates - The average operating cost for the project at an annual production of 150,000 tons of LCE is estimated to be $5,027 per ton, which includes mining and processing costs of $4,026, management fees of $98, and other costs of $664 [1] - For the first phase with an annual production of 50,000 tons of LCE, the average operating cost is estimated at $5,344 per ton, with mining and processing costs of $4,228, management fees of $154, and other costs of $707 [1] Group 3: Technology and Efficiency - The project will utilize the company's direct lithium extraction process combined with solar evaporation pond technology, aimed at improving production efficiency, reducing freshwater consumption, and enhancing product consistency and quality while significantly lowering production costs [1] - The project retains flexibility in product pathways, allowing customization of the final lithium product based on off-take specifications and market conditions [1]