Lithium Argentina AG finalized a joint venture with Ganfeng Lithium Group Co., Ltd. (Ganfeng) consolidating the Pozuelos-Pastos Grandes projects in Salta Province, Argentina. Ganfeng holds a 67% interest and acts as operator, while Lithium Argentina retains 33%. Concurrently, Ganfeng agreed to invest $180 million via a six-year unsecured convertible note bearing a 4.0% coupon, convertible at $12.50 per share. Proceeds will fully repay the company's $259 million convertible debt due January 2027 and terminate a $130 million facility. The transactions are expected to close in September 2026. Lithium Argentina AG produces lithium carbonate for use primarily in lithium-ion batteries and electric vehicles.

Lithium Argentina AG filed its unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the three and six months ended June 30, 2026. The company reported total assets of $1,152.5 million and cash and cash equivalents of $99.7 million as of June 30, 2026. For the first half of 2026, Lithium Argentina recorded a net income of $8.8 million, driven by a $34.3 million share of income from its Cauchari-Olaroz project. The company holds a Swiss-domiciled resource company focused on lithium brine projects in Argentina.