Lithium Argentina Relocates Corporate Headquarters to Switzerland

Lithium Argentina

Strategic Move Enhances Global Positioning and Operational Efficiency

Lithium Argentina AG, formerly known as Lithium Americas (Argentina) Corp., has successfully transitioned its corporate domicile from Canada to Switzerland. This strategic relocation, completed on January 23, 2025, aims to bolster the company's global positioning and operational efficiency.

Shareholder Approval and Strategic Benefits

The decision to move headquarters received overwhelming support, with 99.23% of voting shareholders in favor during the special meeting held on January 17, 2025. The relocation to Switzerland is expected to provide expanded financial flexibility, proximity to European markets, and an attractive framework for current and future investors.

Continued Operations and Market Presence

Despite the change in corporate domicile, Lithium Argentina's operational headquarters will remain in Buenos Aires, Argentina. The company continues to trade on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) under the new ticker symbol "LAR," effective January 27, 2025.

Ongoing Projects and Partnerships

In collaboration with Ganfeng Lithium Co., Ltd., Lithium Argentina operates the Caucharí-Olaroz lithium brine project in Jujuy Province, Argentina. This project is recognized as the largest greenfield lithium brine asset to commence operations in over two decades, with an annual production capacity of 40,000 tonnes of lithium carbonate.

Enhanced Production and Future Outlook

In 2023, the Caucharí-Olaroz project produced approximately 6,000 tonnes of lithium carbonate, surpassing initial guidance. The company anticipates releasing its fourth quarter and full-year 2024 financial results on March 21, 2025, providing further insights into production guidance for 2025.