Lithium Argentina, Ganfeng form PPG lithium brine joint venture in Argentina’s Salta province

Lithium Argentina entered definitive agreements with Ganfeng to form a new PPG joint venture consolidating Pozuelos-Pastos Grandes assets in Salta.

• The PPG JV targets 150,000 tpa of LCE across three phases, combining adjacent brine projects into a single basin-wide development.
• Ganfeng will own 67% of the JV. Lithium Argentina will hold 33%.
• Key development, financing, and budget decisions require both partners.
• Ganfeng’s Salta team will operate the JV.
• The partners will fund in proportion to ownership pending completion of project-level financing.
• Transaction completion is expected in September 2026.
• The projects will be consolidated under Millennial Lithium B.V., a Dutch holding company.