Lithium Argentina AG reported that its Cauchari‑Olaroz lithium brine operation produced 34,100 tonnes of lithium carbonate in 2025, a figure that sits at the high end of the company’s 30,000‑35,000‑tonne guidance range. The plant also sold 359 tonnes of lithium chloride concentrate to Ganfeng in the first half of the year, adding a new revenue stream to the operation’s portfolio.
The production achievement was driven by a combination of operational efficiency and cost discipline. Fourth‑quarter output reached 97 % of nameplate capacity, the highest level the plant has ever run, and cash operating costs fell below $6,000 per tonne, a reduction from $6,285 in Q3 2025. The partnership with Ganfeng, which supplies a direct‑lithium‑extraction (DLE) process, has improved recovery rates and lowered energy consumption, enabling the plant to hit the top of its guidance while keeping unit costs low.
In a governance move that clarifies executive responsibilities, Alec Meikle has been promoted to President, taking charge of strategy execution, corporate development and capital‑market activities. John Kanellitsas will transition from Executive Chairman to Chairman of the Board, where he will focus on long‑term strategy and industry partnerships. The reshuffle is intended to strengthen oversight as the company scales its Stage 2 expansion and pursues regional development plans.
Lithium Argentina is advancing two key growth initiatives. The Stage 2 expansion at Cauchari‑Olaroz, which will add significant capacity, is progressing under a $130 million debt facility from Ganfeng. Simultaneously, the company is moving forward with the Pozuelos‑Pastos Grandes (PPG) project in Salta province, a joint venture that could reach up to 150,000 tonnes per year once fully developed. Both projects are positioned to cement the company’s status as Argentina’s largest lithium producer.
The 2025 production results, combined with the leadership changes and expansion plans, reinforce Lithium Argentina’s low‑cost strategy and its ability to scale production in a market that is increasingly focused on supply security. The company’s record output and cost performance signal strong operational execution, while the new governance structure provides a clear path for executing the company’s growth agenda. Investors can view the results as evidence that Lithium Argentina is well‑positioned to capture a larger share of the global lithium supply chain.
The company’s 2024 production was approximately 25,400 tonnes, indicating a year‑over‑year growth of roughly 34 %. While full‑year financials for 2025 were not disclosed, the company reported a net loss of $64.5 million in Q3 2025 and $7.2 million in Q1 2025, underscoring the capital‑intensive nature of lithium development but also the company’s focus on cost control as production ramps up.
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