Lithium Americas (Argentina) Corp. (LAAC) has released an update.
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Lithium Americas (Argentina) Corp. reported a productive first quarter in 2024 with the Caucharí-Olaroz project producing 4,500 tonnes of lithium carbonate, on track to reach 20,000-25,000 tonnes for the year. Financially, the company is cash-positive and is working on debt refinancing and cost-reduction measures, with Ganfeng investing $70M in the Pastos Grandes project. Optimistic about the lithium market, the CEO highlighted the company’s continued ramp-up and financial strategies to bolster growth and shareholder value.
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