Cauchari-Olaroz Operations - Cauchari-Olaroz's Q3 2025 production volume reached approximately 8,300 tonnes, operating at over 80% capacity[30] - The company maintains its 2025 production guidance of 30,000-35,000 tonnes of LCE[30] - Stage 1 capital costs for Cauchari-Olaroz were $979 million[59] PPG Scoping Study Results - The scoping study indicates a resource of 151 million tonnes of LCE (Measured & Indicated) and 67 million tonnes of LCE (Inferred)[48] - The project's after-tax NPV, using an 8% discount rate, is $81 billion, with an IRR of 327% at a price of $18,000 per tonne[48] - Stage 1 of PPG is projected to have a capacity of 50,000 tonnes per annum (tpa) of LCE, with the full project targeting 150,000 tpa[48] - Stage 1 capital expenditure (CAPEX) is estimated at $11 billion, while the total CAPEX for the full project is $33 billion[48] - The operating expenditure (OPEX) for Stage 1 is projected at $5,344 per tonne, decreasing to $5,027 per tonne for the full project[48] Strategic Initiatives - The company plans to submit RIGI applications in H1 2026[85] - A new joint venture with Ganfeng will consolidate the Pastos Grandes Project, Sal de la Puna Project, and Pozuelos-Pastos Grandes Project[6]
Lithium Americas (Argentina) (LAAC) - 2025 Q3 - Earnings Call Presentation