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Lithium Argentina reports second quarter 2024 results Page 1

Lithium Argentina reports second quarter 2024 results Page 1

VANCOUVER, British Columbia, August 13, 2024 (GLOBE NEWSWIRE) — Lithium Americas (Argentina) Corp.Lithium ArgentinatheCompany,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC) today announced its second quarter results.

“We are very pleased with the progress made at Caucharí-Olaroz over the past several months,” said Sam Pigott, President and CEO. “The operation is sustainably operating at approximately 70% of capacity and has achieved record monthly production in each of the last three months. In addition, the project has demonstrated the ability to operate near design capacity with incremental quality improvements. We are prioritizing consistent production volumes at these higher rates, which should continue to reduce costs. These operational efforts, coupled with effective cost management through disciplined spending, optimized working capital and a strong financial position, are critical to ensuring our success today and in the future.”