Lithium Argentina, Ganfeng sign agreements to finalise PPG JV
Lithium Argentina and Ganfeng signed agreements to form a joint venture for the Pozuelos-Pastos Grandes lithium projects. Ganfeng will invest $180m in Lithium Argentina via a convertible note, holding 67% of the JV. The project aims for 150,000t annual lithium production. Proceeds will repay Lithium Argentina's $259m debt due in 2027. Completion is expected in September 2026, with Millennial Lithium overseeing the projects. Ganfeng owns 9.6% of Lithium Argentina.


