Cauchari-Olaroz Lands US$220 Million to Fund Its Lithium Expansion

Argentina · Mining Key Facts Debt closed US$220 million in new unsecured project debt for Cauchari-Olaroz, split US$50 million (June) and US$170 million (August). Ownership split Minera Exar is 46.7% Ganfeng Lithium, 44.8% Lithium Argentina, 8.5% JEMSE (Jujuy state). Guarantee structure Ganfeng guarantees the debt; Lithium Argentina counter-guarantees 49% of the outstanding amount. Stage 2…