Reports Q1 revenue $168M. CEO Sam Pigott commented: “Cauchari-Olaroz continues to deliver exceptional performance, sustaining production near design capacity for a second consecutive quarter while delivering Q1 cash operating costs below $5,400 per ton. This operational consistency is translating directly into cash flow, with the operation expected to convert over 90% of Q1 EBITDA into cash in 2026. Building on this foundation, the Stage 2 expansion at Cauchari-Olaroz is progressing well, and we intend to grow organically by leveraging Stage 1 cash flow alongside project-level debt, as necessary. Following strong performance in recent quarters, Cauchari-Olaroz has distributed approximately $100M – $46M for our share – since the beginning of the year…With improving market conditions and a proven operating platform, we believe we are one of the strongest positioned producers to add low-cost production capacity. We have a pipeline that we believe can support growth of four to five times what we have built to date. Importantly, we believe this can be achieved in a disciplined, phased development approach funded through project-level options and operating cash flow, ultimately delivering the strongest possible return to our shareholders.”
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAR:
- Largest borrow rate increases among liquid names
- Lithium Argentina price target raised to $11 from $8.80 at Deutsche Bank
- Lithium Argentina price target raised to $8.50 from $7.75 at Scotiabank
- Midday Fly By: Carnival cuts forecast on fuel cost, Novartis to buy Excellergy
- Lithium Argentina 15M share Block Trade priced at $6.15
