Lithium Argentina AG
For the period ended Aug 11, 2025. Filed Aug 11, 2025.
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Aug 11, 2025 · Filed Aug 11, 2025
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EX-99.2 · Cauchari-Olaroz1
Cauchari-Olaroz 1
Production: Lithium carbonate production totaled approximately 8,500 tonnes in the second quarter of 2025, an 18% increase compared to the first quarter.
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Lithium carbonate production for the six months ended June 30, 2025, was approximately 15,700 tonnes, keeping the operation on track to achieve its 2025 guidance of 30,000 – 35,000 tonnes.
Operating Costs: The cost of sales for the second quarter of 2025 was $63 million, with cash operating costs of $6,098 per tonne 2 of lithium carbonate sold.
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Efforts to reduce costs continue and during the second quarter of 2025 costs were approximately 8% lower than the first quarter and reflected the cost-optimization initiatives that have been implemented and higher production volumes during the second quarter.
Pricing: Revenue for the second quarter of 2025 totaled $64 million, with an average realized price 3 of approximately $7,400 per tonne of lithium carbonate sold.
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As expected, the realized price at Cauchari-Olaroz was impacted by the continued decline in global lithium prices during the quarter.
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