Lithium Americas Partners with Ganfeng, Boosts Argentina Project
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Lithium Americas Partners with Ganfeng, Boosts Argentina Project

Lithium Americas (Argentina) Corp. (LAAC) has released an update.

Lithium Americas (Argentina) Corp. has announced a partnership with Ganfeng Lithium, which will acquire a 15% stake in their Pastos Grandes project for $70 million. The deal enhances Lithium Americas’ financial position and supports the development of lithium projects in Argentina. It includes a regional development plan and the potential adoption of innovative extraction technology, with the completion expected in the second quarter of 2024.

For further insights into LAAC stock, check out TipRanks’ Stock Analysis page.

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