Lithium Americas Corp. ( (TSE:LAC) ) has shared an update.
Lithium Argentina AG reported strong operational results for 2024, with its Cauchari-Olaroz plant becoming the largest lithium carbonate operation in Argentina. The company achieved 90% capacity utilization and significantly reduced project-level debt. Looking forward, the company plans to optimize operations by integrating new processing technologies and expanding production capacity. The company anticipates increased production in 2025, with a focus on improving product quality and cost efficiencies, positioning itself well in the lithium market.
More about Lithium Americas Corp.
Lithium Argentina AG is a company operating in the lithium industry, focusing on the production of lithium carbonate. Its primary operations are based in Argentina, and it partners with Ganfeng to leverage advanced processing technologies and capitalize on the growing demand for lithium, particularly for battery applications.
YTD Price Performance: -5.23%
Average Trading Volume: 4,862,102
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $633.5M
Find detailed analytics on LAC stock on TipRanks’ Stock Analysis page.