Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lithium Argentina ( (TSE:LAR) ) has provided an announcement.
On March 20, 2026, Lithium Argentina AG entered into a loan agreement with GFL International, a subsidiary of China’s Ganfeng Lithium Group, securing access to up to US$130 million over a six-year term at SOFR plus 2.5%. The financing supports a broader framework to form a new joint venture that will consolidate Ganfeng’s Pozuelos-Pastos Grandes project with Lithium Argentina’s Pastos Grandes and Sal de la Puna assets into the PPG venture, where Ganfeng will hold 67% and Lithium Argentina 33% based on resources, capital contributions and technology inputs.
Under the deal, Lithium Argentina agreed to allocate up to 50% of its offtake from PPG’s initial development phase, capped at 6,000 tonnes per year of lithium carbonate equivalent, to the lender at market prices and, before PPG production starts, to sell Ganfeng up to 6,000 tpa of LCE from its unallocated Cauchari-Olaroz entitlement. The loan, prepayable without penalty and secured by Lithium Argentina’s equity in PPG, is conditional on the company securing additional capital to meet its January 2027 convertible note obligations, underscoring both its funding needs and its deepening strategic alignment with Ganfeng in Argentina’s lithium sector.
The most recent analyst rating on (TSE:LAR) stock is a Buy with a C$13.65 price target. To see the full list of analyst forecasts on Lithium Argentina stock, see the TSE:LAR Stock Forecast page.
More about Lithium Argentina
Lithium Argentina AG is a lithium-focused mining and development company with principal offices in Zug, Switzerland, and Vancouver, Canada. The company’s core assets include interests in the Pastos Grandes, Sal de la Puna and Cauchari-Olaroz lithium projects in Argentina, positioning it within the global battery materials supply chain.
Average Trading Volume: 319,888
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$1.58B
Find detailed analytics on LAR stock on TipRanks’ Stock Analysis page.