Lithium Americas (Argentina) Corp. (LAAC) has released an update.
Lithium Americas (Argentina) Corp. announced a significant reduction in debt at their Caucharí-Olaroz project, thanks to a strategic transaction with Ganfeng. The company’s production levels have increased by 21% in the third quarter, reaching approximately 6,800 tonnes, and they aim to maintain these levels into 2025. Despite a decline in lithium prices, the company remains focused on optimizing operations and reducing costs.
For further insights into LAAC stock, check out TipRanks’ Stock Analysis page.
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