Lithium Argentina Q2 2026 profit falls as company cites US$ 38 million deferred tax charge at Cauchari-Olaroz JV
Reuters2026/08/11 10:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lithium Argentina posted net income of US$ 1.3 million in Q2 2026, helped by a US$ 12.3 million equity-accounted profit from Cauchari-Olaroz.
- Cauchari-Olaroz generated US$ 174 million revenue on a US$ 19,563 per-tonne realized price; production reached 9,280 tonnes despite a planned maintenance shutdown.
- Cash operating costs rose to US$ 5,897 per tonne, reflecting lower sales volumes, higher energy costs, and a stronger Argentine peso.
- Exar net income fell to US$ 27 million from US$ 49 million in Q1, mainly due to a US$ 38.1 million non-cash deferred tax charge.
- Liquidity totaled US$ 230 million at June 30, including US$ 100 million cash; Cauchari-Olaroz reduced net debt by US$ 114 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lithium Argentina AG published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.
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