- Lithium Argentina entered a loan agreement with GFL International, a Ganfeng unit, for up to USD 130 million.
- The loan has a six-year term from the initial advance and bears interest at SOFR plus 2.5%.
- Up to 50% of Lithium Argentina’s offtake from PPG’s initial development phase, capped at 6,000 tpa of LCE, will be allocated to the lender at market prices.
- Before PPG starts production, the company agreed to sell Ganfeng up to 6,000 tpa of LCE from its unallocated entitlement under the Cauchari-Olaroz project.
- The loan is secured by Lithium Argentina’s equity interest in PPG and is prepayable without penalties.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithium Argentina AG published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-001604), on March 25, 2026, and is solely responsible for the information contained therein.
Comments