Lithium Argentina, Ganfeng form PPG lithium brine joint venture in Argentina’s Salta province

Reuters2026/08/24 11:03

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Lithium Argentina entered definitive agreements with Ganfeng to form a new PPG joint venture consolidating Pozuelos-Pastos Grandes assets in Salta.
PPG JV targets 150,000 tpa of LCE across three phases, combining adjacent brine projects into a single basin-wide development.
Ganfeng will own 67% of the JV. Lithium Argentina will hold 33%. Key development, financing, budget decisions require both partners.
Ganfeng’s Salta team will operate the JV. Partners will fund in proportion to ownership pending completion of project-level financing.
Transaction completion is expected in September 2026. Projects will be consolidated under Millennial Lithium B.V., a Dutch holding company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithium Argentina AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608240700PRIMZONEFULLFEED1001259037) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lithium Argentina, Ganfeng form PPG lithium brine joint venture in Argentina’s Salta province

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