- Business
- Lithium Argentina AG, formerly Lithium Americas (Argentina) Corp., develops and operates lithium brine projects in Argentina's Lithium Triangle; it produces battery-grade lithium carbonate at the Cauchari-Olaroz project in Jujuy province, which entered production in 2023 with plans for integrated downstream processing and expansion via direct lithium extraction technology; and it advances the Pastos Grandes project in Salta province toward full development with similar on-site processing capabilities. The company employs innovations such as solvent-extraction-based direct lithium extraction to achieve higher recovery rates, reduced water usage, lower capital costs, and higher-purity lithium suitable for electric vehicle batteries and energy storage systems. Incorporated in 2007 and headquartered in Zug, Switzerland, with operational headquarters in Buenos Aires, Argentina, Lithium Argentina AG employs approximately 850 people and serves global markets focused on the energy transition. In January 2025, the company changed its name from Lithium Americas (Argentina) Corp. to Lithium Argentina AG as part of a corporate continuation into Switzerland; it maintains a 50-50 joint venture with Ganfeng Lithium at Cauchari-Olaroz, where the partners have invested roughly $1.8 billion in development; and it pilots a 5,000-tonne direct lithium extraction demonstration plant to support Stage 2 expansion at Cauchari-Olaroz and broader regional growth.