Lithium Argentina secures $251 million Ganfeng investment
Lithium Argentina (LAR) finalized a joint venture with Ganfeng Lithium Group (002460.SZ), securing a $180M investment. Ganfeng will hold 67% of the PPG JV, combining three lithium projects in Argentina. The investment includes a convertible note at a 96% premium to LAR's average share price, with proceeds to repay $259M in debt. Both companies expect the transactions to close in September.




