JV Operational EconomicsUpdates on the PPG joint venture indicate peer-leading low unit costs near $5k per tonne and substantially lower capital intensity around $22k per tonne, supporting improved margins and cash generation.
Price Target RevisionAnalyst raised the company's price target, signaling increased confidence in future performance and stronger growth expectations.
Project Capex And TimelineThe Pozuelos-Pastos Grandes project is expected to begin production in 2029 with total capex about $3.3 billion and roughly half the capital intensity of comparable projects, implying faster returns on invested capital.