Lithium Argentina cites higher lithium prices as driver of nine-month 2026 return to net income
LAR•Lithium Argentina reported nine-month 2026 net income of $21.7 million, compared with a $75.7 million loss a year earlier, citing higher lithium prices. Third-quarter net income was $13 million, versus a $64.5 million loss in the prior-year quarter.
1. Income returns to profit
Lithium Argentina reported nine-month 2026 net income of $21.7 million, compared with a $75.7 million loss. Third-quarter net income was $13 million, versus a $64.5 million loss in the same quarter a year earlier.
2. Lithium prices lift contribution
Higher lithium prices drove Cauchari-Olaroz's nine-month contribution to $51.1 million of income, compared with a $53.4 million loss. Management cited lower interest income from Exar Capital loans, higher administrative expenses and increased financing costs as partial offsets. Exar's quarterly adjusted EBITDA rose to $112.5 million from $110.3 million as higher sales volumes offset lower realized prices.
