Lithium Argentina Drops to Net Loss in Q4

, MT Newswires -  6:27 AM ET 3/18/2025 Company News

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06:27 AM EDT, 03/18/2025 (MT Newswires) -- Lithium Argentina AG ( LAR ) late on Monday reported that it plummeted to a net loss in the fourth quarter.

Net loss came in at US$4.8 million, swinging from an income of US$1.26 billion. Much of the decrease came from discontinued operations.

Loss from continued operations was US$4.8 million, widening from a loss of US$1.1 million.

Lithium carbonate production rose 25% to 8,500 tonnes and achieved 85% of design capacity.

Lithium carbonate production in the full year 2024 amounted to 25,400 tonnes, exceeding the high end of production guidance.

The company expects lithium carbonate production to be between 30,000 and 35,000 tonnes.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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