Lithium Argentina Publishes 2024 Sustainability Report

Rhea-AI Summary

Lithium Argentina AG (NYSE: LAR) has released its 2024 Sustainability Report titled "Lithium With Purpose," detailing significant ESG achievements at its Cauchari-Olaroz operations. Key highlights include a 52% reduction in carbon emissions and a 67% reduction in water footprint per tonne of lithium carbonate produced. The company received three ISO certifications covering health and safety (ISO 45001), quality (ISO 9001), and environmental management (ISO 14001). A community survey revealed 68% positive opinion from local communities, and safety metrics showed improvement compared to 2023.

Positive

• 52% reduction in carbon emissions per tonne of lithium carbonate production
• 67% reduction in water footprint per tonne of lithium carbonate production
• Obtained three important ISO certifications (45001, 9001, 14001)
• 68% positive opinion from local communities
• Improved safety metrics compared to 2023

Negative

• None.

ZUG, Switzerland, May 07, 2025 (GLOBE NEWSWIRE) -- Lithium Argentina AG. (“Lithium Argentina” or the “Company”) (TSX: LAR) (NYSE: LAR) announces the release of its 2024 Sustainability Report, “Lithium With Purpose” (the “Report”). The Report highlights the Company’s overall Environmental, Social and Governance (“ESG”) progress from January 1 to December 31, 2024.

Some of the highlights included in the Report included the following ESG related achievements at Cauchari-Olaroz:

• Completion of an updated materiality assessment and a community survey which showed a 68% positive opinion from local communities
• 52% carbon emission reduction per tonne of lithium carbonate produced
• 67% water footprint reduction per tonne of lithium carbonate produced
• Receipt of three ISO certifications: ISO 45001 (Health and safety), ISO 9001 (Quality) and ISO 14001 (Environmental)
• Improved safety metrics in 2024 compared to 2023
  
  

The report can be found on our website at www.lithium-argentina.com

ABOUT LITHIUM ARGENTINA

Cauchari-Olaroz is a lithium carbonate operation located in Jujuy province, in the northwestern region of Argentina. The Company owns 44.8% of the operation through its ownership interest in Minera Exar, a company incorporated under the laws of Argentina.

The Company, in partnership with Ganfeng, operates the Cauchari-Olaroz lithium brine operation in Argentina and is advancing additional lithium resources in the region. Lithium Argentina currently trades on the TSX and on the NYSE under the ticker LAR.

For further information contact:
Investor Relations
Telephone: +1 778-653-8092
Email: kelly.obrien@lithium-argentina.com
Website: www.lithium-argentina.com

FAQ

What ESG achievements did Lithium Argentina (LAR) report in its 2024 Sustainability Report?

Lithium Argentina reported 52% carbon emission reduction, 67% water footprint reduction per tonne of lithium carbonate, three ISO certifications (45001, 9001, 14001), 68% positive community opinion, and improved safety metrics.

How much did Lithium Argentina (LAR) reduce its carbon emissions in 2024?

Lithium Argentina achieved a 52% reduction in carbon emissions per tonne of lithium carbonate produced in 2024.

What ISO certifications did Lithium Argentina (LAR) receive in 2024?

Lithium Argentina received ISO 45001 (Health and safety), ISO 9001 (Quality), and ISO 14001 (Environmental) certifications.

How did local communities view Lithium Argentina's (LAR) operations in 2024?

According to a community survey, Lithium Argentina received a 68% positive opinion from local communities.