STOCK RADAR
Filed
LARLithium Americas (Argentina) Corp.NYSE

Lithium Argentina Reports 2024 Production Results and Provides 2025 Guidance

6-KOperating UpdateneutralImpact60

LAR Price

Chart unavailable
N/A$0.00 (+0.00%)
Chart unavailable

Filing Brief

Lithium Argentina met its 2024 production goals and issued 2025 guidance, focusing on operational improvements and cost optimization

Operating Snapshot

2024 Production
25,400 tonnesLithium carbonate
2025 Production Guidance
30,000 - 35,000 tonnesLithium carbonate
Q4 2024 Capacity Utilization
85%Of design capacity
Technical Report Effective Date
December 31, 2024Updated for Stage 1

Summary

Add Stock Radar as a preferred source on GoogleAdd Stock Radar on Google

Lithium Argentina announced its 2024 production results, achieving approximately 25,400 tonnes of lithium carbonate, meeting its targets. Fourth quarter production increased by 25% sequentially. The company provided 2025 production guidance of 30,000 to 35,000 tonnes, with a strategic focus on improving operational stability, consistency, and cost efficiency. An updated technical report for Stage 1 of the Caucharí-Olaroz operation was also filed, reflecting current operational and economic parameters. Additionally, amendments to resolutions for an upcoming special shareholder meeting were disclosed, including reduced capital band limits for financing and equity incentive plans

Score60

Score Rationale

neutral

Operational performance met expectations with clear 2025 guidance, reflecting stable execution and a focus on optimization, warranting a moderate score.

Performance & Outlook

Q4 2024 Production

25% increase QoQ
Q3 2024
Approximately 6,800 tonnes
Q4 2024
8,500 tonnes
2025 2025 Production30,000 - 35,000 tonnesFocus on operational stability, consistency, and cost optimization.

Key Business Updates

  1. Updated Technical Report

    Filed an updated NI 43-101 technical report for Caucharí-Olaroz Stage 1, reflecting development progress and updated operational, cost, and economic parameters.

  2. Special Meeting of ShareholdersJanuary 17, 2025

    Shareholders to vote on redomiciling to Switzerland and amendments to resolutions, including reduced capital band limits for financing and equity incentive plans.

  3. Project Economics
    After-Tax NPV (8%)
    $3.6 billion
    Ownership
    Ganfeng Lithium Co. Ltd (46.7%), Lithium Argentina (44.8%), JEMSE (8.5%)
    Long-term Operating Cost Estimate
    ~$6,543 per tonneLithium carbonate

Other Material Event

Shareholder MeetingAmendments to Shareholder Meeting Resolutions

Amendments proposed for the special meeting include reduced capital band limits (10%) for financing and equity incentive plans, and a five-year time limit for virtual shareholder meetings.

AdvertisementResponsive display
AdvertisementRemove ads
AdvertisementResponsive display
AdvertisementRemove ads

LAR Market Context

SectorBasic Materials
IndustryMetals & Mining
Market Cap$1.04B
Shares Outstanding163.83M
Public Float137.81M
Public Float %84.1%
AdvertisementResponsive display
AdvertisementRemove ads
AdvertisementResponsive display
AdvertisementRemove ads

Original Filing Text

SEC filing text preserved from the raw item store.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of: January 2025

 

Commission file number: 001-38350

 

 

 

Lithium Americas (Argentina) Corp.

(Translation of Registrant’s name into English)

 

 

 

900 West Hastings Street, Suite 300,

Vancouver, British Columbia,

Canada V6C 1E5

(Address of Principal Executive Office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover:

 

Form 20-F ¨         Form 40-F x

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Lithium Americas (Argentina) Corp.
  (Registrant)
   
  By: “Samuel Pigott”
  Name: Samuel Pigott
  Title: President and Chief Executive Officer

 

Dated: January 14, 2025

 

 

 

 

EXHIBIT INDEX

 

Exhibit   Description
     
99.1   NI 43-101 Technical Report – Operational Technical Report at the Cauchari-Olaroz Salars, Jujuy Province, Argentina with an effective date of December 31, 2024
     
99.2   News Release dated January 8, 2025