Lithium Argentina Closes $180M Strategic Investment From Ganfeng Lithium

06:57 AM EDT, 09/15/2026 (MT Newswires) -- Lithium Argentina (LAR) said Tuesday that it closed a $180.0 million strategic investment from Ganfeng Lithium Group through the issuance of a six-year unsecured convertible note. The note carries a 4.0% annual coupon and is convertible into Lithium Argentina shares at $12.50 per share, it said. Proceeds, along with cash on hand, will be used to fully repay the company's $259.0 million convertible notes due January 2027, it said. Ganfeng currently owns about 9.6% of Lithium Argentina and would hold approximately 16.1% on a fully diluted basis if the note is fully converted, it added.