Lithium Argentina (TSX: LAR) has released preliminary production results for the fourth quarter and full year 2025 from Cauchari-Olaroz. The company has reportedly met guidance, following record fourth quarter production at the mine.
Q4 production totaled 9,700 tonnes of lithium carbonate, with the mine said to have averaged operating at 97% of nameplate capacity throughout the quarter. Cash operating costs meanwhile are expected to be below $6,000 per tonne of lithium carbonate sold, as compared to $6,285 per tonne in the third quarter.
Production for full year 2025 meanwhile is said to have come in at 34,100 tonnes of lithium carbonate, which is the higher end of the previously issued guidance of 30,000 to 35,000 tonnes.
Lithium Argentina also reported that net debt reduction in Q4 is estimated at $26 million, with $15 million in distributions made to both Ganfeng and Lithium Argentina. Total liquidity is said to sit at $150 million via cash and undrawn debt facilities. An application meanwhile has been filed for the stage 2, 45,000 tpa expansion of Cauchari-Olaroz.
“Strong production through the fourth quarter, together with continued cost reductions, highlights the increasing operational maturity of the business and positions us well for the next stage of growth as we advance Stage 2 at Cauchari-Olaroz and progress the PPG project,” commented CEO Sam Pigott.
Lithium Argentina last traded at $8.37 on the TSX.
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