Lithium Argentina AG (LAR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone. Thank you for joining us and welcome to Lithium Argentina Q1 2026 earnings presentation. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Kelly O'Brien, VP, Investor Relations. Kelly, please go ahead. Thank you for the introduction. I want to welcome everyone to our conference call this morning. Joining me on the call today to discuss the first quarter 2026 results is Sam Piggott, CEO of Lithium Argentina. Alex Shoba, our CFO, will also be available for Q&A. Before we begin, I would like to cover a few items. Our first quarter 2026 earning results were press released earlier this morning, and the corresponding documents are available on our website. I remind you that some of the statements made during this call, including any production guidance, expected company performance, update on development plans, the timing of our project, and market conditions, may be considered forward-looking statements. Please note the cautionary language about forward-looking statements in our presentation, MD&A, and news releases. I will now turn the call over to Sam Pickett. Good morning, everyone, and thank you for joining us. The first quarter of 2026 represented another very strong quarter as Kachari-Oloraz continued to operate at or near design capacity while beginning to generate meaningful cash flow. During the quarter, production totaled about 9,700 tons of lithium carbonate, with the operation average being approximately 97% of nameplate capacity, a level we've been able to consistently run for the past two quarters. This performance also highlights the progress we are making...