Quarterly ResultAug 11, 2026, 06:37 AM
Lithium Argentina Q2 Net Income $1.28M; Cauchari-Olaroz Production 9,280 Tonnes
AI Summary
Lithium Argentina AG reported a net income of $1.28 million for the second quarter of 2026, with basic earnings per share of $0.01. The company's cash and cash equivalents increased to $99.72 million. The Cauchari-Olaroz project, in which Lithium Argentina holds a 44.8% interest, produced 9,280 tonnes of lithium carbonate, generating $174 million in revenue with an average realized price of $19,563 per tonne. The company also announced the approval of the Cauchari-Olaroz Stage 2 expansion under Argentina's RIGI and the formation of a new joint venture for its Pastos Grandes and Sal de la Puna projects.
Key Highlights
- Net income for Q2 2026 was $1.28 million, with basic EPS of $0.01.
- Cash and cash equivalents increased to $99.72 million as of June 30, 2026.
- Cauchari-Olaroz produced 9,280 tonnes of lithium carbonate in Q2 2026.
- Cauchari-Olaroz Q2 revenue was $174 million, with an average realized price of $19,563 per tonne.
- Cauchari-Olaroz Adjusted EBITDA for Q2 2026 was $110 million.
- Cauchari-Olaroz net debt was reduced by $114 million in Q2 2026.
- Stage 2 expansion for Cauchari-Olaroz approved under Argentina's RIGI.
- New joint venture formed for Pastos Grandes and Sal de la Puna projects (LAR 33% interest).
Price Impact
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