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flag Lithium Americas hit near-capacity production at its Cauchari-Olaroz project in 2025, cutting costs and boosting cash reserves, with strong growth projected for 2026.

flag Lithium Americas (Argentina) reported strong 2025 performance at its Cauchari-Olaroz project, producing over 34,000 tons of lithium carbonate—near capacity—and reducing cash costs to $5,600 per ton, a 30% drop from early 2024. flag The operation generated $56 million in adjusted EBITDA and distributed $85 million in cash, leaving a $95 million cash position. flag A $130 million loan was secured, and the company expects 2026 output of 35,000–40,000 tons with costs near $5,600 per ton, projecting $460 million in EBITDA at $20,000 per ton lithium. flag Measured and indicated resources grew 42%, supporting expansion plans at Cauchari-Olaroz and Pastos Grandes, with financing discussions underway and strong demand from energy storage systems driving long-term outlook.

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