Ganfeng Lithium, Lithium Argentina sign deal to jointly develop Consolidated Project via Millennial JV
LAR•Project scale, incentives and operations
The project is planned in three phases with a total design capacity of 150,000 tonnes of lithium carbonate equivalent per year.
An application was filed in Q1 2026 for Argentina’s Large Investment Incentive Regime, with approval expected by end-2026.
The Ganfeng team will operate the project, and product underwriting will be allocated in line with the Millennial shareholding split.
Definitive agreement for Consolidated Project development
Ganfeng Lithium entered a definitive agreement with Lithium Argentina to jointly develop the Consolidated Project under Millennial.
Post-integration ownership is set at 67% for GFL International and 33% for Lithium Argentina, with completion targeted by the end of Q3 2026.
