Lithium Americas (Argentina) Corp. (LAAC) has released an update.
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Lithium Americas (Argentina) Corp. reports a productive second quarter in 2024 with their Caucharí-Olaroz operation achieving 70% of its design capacity and maintaining a positive operational cash flow. The company has maintained its production guidance for the year and expects unit costs to decrease as they approach full capacity. Additionally, with $96M in cash reserves and a strong financial strategy, they are set to reduce leverage at their Exar operation.
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