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Lithium Americas (Argentina) Corp. ( (LAAC) ) just unveiled an announcement.
On August 12, 2025, Lithium Argentina AG announced a framework agreement with Ganfeng Lithium Group to establish a new joint venture consolidating their lithium brine projects in Salta, Argentina. The joint venture aims to create a global-scale operation with a production capacity of up to 150,000 tonnes per annum of lithium carbonate equivalent, utilizing advanced processing technologies. This strategic move is expected to enhance Lithium Argentina’s financial flexibility and strengthen its position in the global lithium supply chain, providing significant value for shareholders.
The most recent analyst rating on (LAAC) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Lithium Americas (Argentina) Corp. stock, see the LAAC Stock Forecast page.
More about Lithium Americas (Argentina) Corp.
Lithium Argentina is an emerging producer of lithium carbonate, primarily for lithium-ion batteries and electric vehicles. The company operates in partnership with Ganfeng at the Caucharí-Olaroz lithium brine operation in Argentina and is advancing the Pozuelos-Pastos Grandes project in the Salta province. It is publicly traded on the TSX and NYSE under the ticker ‘LAR’.
Current Market Cap: $534.1M
Find detailed analytics on LAAC stock on TipRanks’ Stock Analysis page.