Company Overview

Lithium Argentina is a resource and materials company focused on developing projects that support the vital lithium supply chain and the global transition to cleaner energy. In northern Argentina’s Jujuy province, the Company owns 44.8% of Caucharí-Olaroz through its interest in Minera Exar S.A.. Lithium Argentina also has a pipeline of development and exploration projects, including Pastos Grandes and Sal de la Puna, both located in the Pastos Grandes basin in Salta province, approximately 100 km south of Caucharí-Olaroz. Pastos Grandes is 100% owned by the Company, while Sal de la Puna is 65% owned by the Company. The Company is advancing development plans for these assets, including evaluating opportunities to achieve synergies through joint development.

Lithium is the lightest of all metals and is essential for powering a low-carbon future. Its unique properties allow lithium atoms to be discharged and recharged efficiently and repeatedly in batteries we use every day in our laptops, phones, electric vehicles (EVs) and much more. Additionally, lithium batteries are critical for storing large amounts of wind and solar-generated energy for distribution to power grids. This energy storage helps reduce greenhouse gas emissions while ensuring stable and predictable flows of electricity.

How Lithium Contributes to Clean Energy
The greenhouse gases (GHGs) released by traditional oil-based fuels are accelerating climate change. The utility and transport sectors are two of the main emitters of GHGs, and without significant reductions from these sectors the goal of the Paris Agreement to limit global warming to 1.5 C is unlikely to be achieved. Global leaders have joined together to reduce GHG emissions by 50% by 2030, and to reach net-zero emissions globally by 2050. A lithium battery stores energy in its cells – as opposed to generating energy by combusting fossil fuels in gasoline and diesel engines – and can be recharged with renewable electricity, contributing to a fossil-free economy and clean-energy future.

Soaring Demand for Lithium
The current global supply of lithium is not enough to meet future demand. Experts forecast EV demand to increase at high rates led by electric vehicle sales. Policymakers have set targets to ban the sales of internal combustion engine vehicles to meet clean air objectives. In turn, many major automakers have announced plans for fully electric product lines in coming years. The world needs more lithium production to meet these global targets, and Lithium Argentina is responding to that need.

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