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Lithium Americas (Argentina) Corp. ( (LAAC) ) just unveiled an update.
On April 11, 2025, Lithium Argentina AG announced a Letter of Intent with Ganfeng Lithium Co. Ltd. to jointly develop the Pozuelos-Pastos Grandes basins in Argentina. This collaboration aims to consolidate their projects into a new joint venture, enhancing production capacity and operational efficiency through innovative technologies like direct lithium extraction. The initiative is expected to position Argentina as a leader in the lithium industry by providing a low-cost solution to meet future battery market demand.
More about Lithium Americas (Argentina) Corp.
Lithium Argentina AG operates in the lithium industry, focusing on the development and production of lithium resources. The company, in partnership with Ganfeng, manages the Cauchari-Olaroz lithium brine operation in Argentina and is advancing additional lithium projects in the region. It is publicly traded on the TSX and NYSE.
Current Market Cap: $337.6M
For a thorough assessment of LAAC stock, go to TipRanks’ Stock Analysis page.