Lithium Argentina reports Q3 EPS (40c), consensus (1c)

Sam Pigott, Lithium Argentina’s (LAR) President and CEO, commented: “The Q3 demonstrated continued operational performance and the benefits of our ongoing initiatives to optimize production, enhance process efficiency and reduce long-term costs. We remain confident in exceeding the low-end of our 2025 targets. While optimization work continues, we are very encouraged by the plant’s performance, with production rates sustaining around 90% of nameplate capacity or higher for extended periods. Looking ahead to 2026, our focus is on maintaining higher production levels while implementing targeted long-term improvements to further strengthen the business. On the balance sheet, we were pleased to announce a new $130M, six-year debt facility from Ganfeng. This facility provides additional flexibility to optimize our capital structure at the corporate level and further enhance shareholder value. Concurrent with our quarterly results, we also released the PPG Scoping Study, marking a pivotal milestone in advancing what we believe will become one of the world’s most significant new lithium operations. This study confirms a clear pathway to large-scale, low-cost production in Salta, reinforcing our confidence in the long-term growth of lithium demand and Argentina’s role in a globally diversified lithium supply chain.”