Lithium Argentina Ag · NYSE:LAR
Lithium Argentina — FY2024 Earnings Presentation
11 slides from Lithium Argentina's earnings presentation, March 2025
Slide 1: 2024 Earnings Presentation
LITHIUM ARGENTINA / 2024 Earnings Presentation NYSENYSE & TSX: & TSX:LAR LAR 2024 Earnings Presentation March 2025
Slide 2: Disclaimer
2 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Disclaimer ADDITIONAL REFERENCE MATERIALS All forward-looking information contained in this presentation is expressly qualified by the risk factors set out in the latest Disclosure Documents. Such risks include, but are not limited to
Slide 3: 2024: Delivering Results
3 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR 2024: Delivering Results Building a Lithium Platform in Argentina ▪ Exceeded production guidance with Cauchari-Olaroz becoming the largest lithium operation in Argentina ▪ Transformed leadership team in Argentina to strengthen focus on
Slide 4: Argentina's Largest Lithium Producer
4 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Argentina’s Largest Lithium Producer Operational Focus on Cauchari-Olaroz Stage 1 Cauchari-Olaroz Production Profile1 Location Jujuy Province, Argentina Tonnes of LCE per month and quarterly % of design capacity 40 90% Location Jujuy P
Slide 5: Financial Results
5 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Financial Results Cauchari-Olaroz Production and Financial Summary1 Q4 2024 Production Volumes 9,398 t 25,305 t Revenue $67 M $198 M Cost of Sales $67 M $178 M Cash Costs per tonne sold2 $6,630 /t $7,131 /t (1) Production and financial
Slide 6: Margin Improvement in Low Price Environment
6 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Margin Improvement in Low Price Environment Lithium Carbonate Prices Pricing Adjustment Processing Costs ($/t Li2CO3 battery-quality, Fast Markets) ($/t adjustment at current battery-quality Li2CO3 Logistics / Losses market price) Taxe
Slide 7: Financial Position
7 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Financial Position De-risked Balance Sheet for Cauchari-Olaroz Cauchari-Olaroz – Project-level Debt1 Reduced debt levels with ($M on 100% basis) proceeds from PG strategic investment, FX gains in Argentina Reduced Total Debt to Extende
Slide 8: Driving Innovation in Lithium Extraction
8 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Driving Innovation in Lithium Extraction New Processing Technologies to Further Optimize Process • 5,000 tpa commercial-scale demo plant being integrated into Stage 1 • Basis for Stage 2 and regional growth plans • New technology devel
Slide 9: Long-Term Vision in Argentina
9 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Long-Term Vision in Argentina Advancing Development Plans Targeting over 200 ktpa LCE capacity Growth Pipeline in Argentina (on 100% basis in tpa of LCE capacity) Incorporating new processing technologies +200 ktpa Expansion of produci
Slide 10: Looking Ahead: 2025 and Beyond
10 LITHIUM ARGENTINA / 2024 Earnings Presentation NYSE & TSX: LAR Looking Ahead: 2025 and Beyond A Strong Foundation to set Stage For Long-Term Growth Building on largest lithium operation in Argentina Cauchari-Olaroz targeting 30-35kt LCE in 2025 – 2nd full year in operation1 Integrating new techno
Slide 11: 2024 Earnings Presentation Q&A
LITHIUM ARGENTINA / 2024 Earnings Presentation NYSENYSE & TSX: & TSX:LAR LAR 2024 Earnings Presentation Q&A