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Ganfeng ups stake in Caucharí-Olaroz lithium development

Lithium Americas has entered into an agreement with China’s lithium compounds producer Ganfeng Lithium to invest US$160 million in its Caucharí-Olaroz lithium brine project in Jujuy, Argentina and increase its production capacity.

Paul Harris
Lithium America's Caucharí-Olaroz development in Jujuy, Argentina

Lithium America's Caucharí-Olaroz development in Jujuy, Argentina

Ganfeng will purchase 141 million shares in Minera Exar, the local operating company, and increase its interest in Caucharí-Olaroz from 37.5% to 50%. Lithium Americas will hold the remaining 50% interest...

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