Lithium Americas (Argentina) Corp. (T:LAAC)
Business Focus: Specialty Mining & Metals (NEC)
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| Company Contact | |
| Address: | Suite 300 - 900 West Hastings Street VANCOUVER BC V6C 1E6 |
| Tel: | N/A |
| Website: | https://www.lithiumamericas.com |
| IR: | See website |
| Key People | ||
| John A. Kanellitsas Executive Chairman of the Board | Alex Shulga Chief Financial Officer, Vice President | Franco Mignacco President of Minera Exar, Director |
| Mariano Chiappori Chief Operating Officer, Vice President | Jose Aggio Chief Human Resource Officer, Vice President | Ignacio Celorrio Executive Vice President, Legal, Government and External Affairs and former President, Latin America |
| Vladimir Cvijetinovic Vice President - Legal, Corporate Secretary | Carlos Galli Vice President, Growth and Innovation | |
| Business Overview |
| Lithium Americas (Argentina) Corp. is a producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng Lithium Co, Ltd., is ramping up production of the Cauchari-Olaroz lithium brine operation in Argentina and advancing development of additional lithium resources in the region. The Company owns a 44.8% interest in the Cauchari-Olaroz Project, which is located in Jujuy, Argentina. It owns an 85% interest in the Pastos Grandes project, located in Salta Province, approximately 100 kilometers (km) south of Cauchari-Olaroz. Sal de la Puna Project is its joint venture project in Salta Province, approximately 100 km south of Cauchari-Olaroz and less than one km east of the Pastos Grandes Project. |
| Financial Overview |
| For the six months ended 30 June 2024, Lithium Americas (Argentina) Corp revenues was not reported. Net loss before extraordinary items totaled $8M vs. income of $11.8M. Net loss reflects Share of loss of Cauchari-Olaroz Project increase from $3.4M to $26.5M (expense), gain on financial instruments measured a decrease of 32% to $10.8M (income), Foreign exchange gain decrease of 71% to $1.6M (income). |
| Employees: | 850 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $697.48M as of Jun 30, 2024 |
| Annual revenue (TTM): | $0.00M as of Jun 30, 2024 |
| EBITDA (TTM): | -$47.33M as of Jun 30, 2024 |
| Net annual income (TTM): | -$2.23M as of Jun 30, 2024 |
| Free cash flow (TTM): | $14.36M as of Jun 30, 2024 |
| Net Debt Last Fiscal Year: | $103.25M as of Jun 30, 2024 |
| Shares outstanding: | 161,916,309 as of Oct 9, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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