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Mining Project

Pastos Grandes

Address
Salta
Stage
Feasibility
Minerals
Lithium · Potassium
Capital Cost
$1,100,000,000.00
Pastos Grandes

General Information

Address
Salta

Description

• Consolidated Basins under new JV: Pastos Grandes, Sal de La Puna and Pozuelos Basin • PPG continues to advance an integrated development plan targeting 150,000 tpa of LCE production across three phases. • In December 2025, a comprehensive Scoping Study was filed producing an after-tax NPV8% of $8.1 billion and IRR of 33% at $18,000 per tonne lithium carbonate price. • In November 2025, PPG received its Stage 1 environmental permit approval with a RIGI application submitted in February 2026. • The consolidation of PPG into a new JV is substantially complete with closing expected during the second quarter of 2026. • Ganfeng and Lithium Argentina continue to advance financing options with potential customers and strategic partners for offtake and minority ownership interests.

• Expected Capacity: Stage 1: 50,000 tpa LCE - Full Project: 150,000 tpa LCE • Secured PPG Phase 1 environmental permits: Granted by Province of Salta • New Processing Technologies to Further Optimize Process (Leverages solar evaporation process with reduced footprint / Improved efficiency supporting higher recoveries, reduced water and energy usage / Modular design for increased scalability)

Resources & Reserves

  • M&I Resource of 15.1 MT LCE
  • 6.7 MMT LCE as Inferred Resource

Additional Comments

Brine extraction, amenable for low-cost, energy efficient convencional process.

Related companies

Operator

  • PROYECTOS PASTOS GRANDES S.A100%

Investor

  • LITHIUM ARGENTINA CORPORATION85%
  • GANFENG LITHIUM15%
Mining Project: Pastos Grandes | Panorama Minero