Company Profile

Lithium Americas is developing one of the world’s largest and lowest cost lithium operations.

The Company currently has rights over approximately 164,700 hectares (ha) in five salt lakes in the Jujuy and Salta Provinces of Argentina.

Main Property Package (Cauchari and Olaroz)

The Company’s main property (approximately 82,500 ha) comprises a significant portion of two adjacent salt lakes, Cauchari and Olaroz, located in Jujuy, Argentina. Based on a 43-101 Technical Report filed on December 6, 2010, the Company’s main property hosts the third largest known lithium brine resource in the world. As the resource estimate was based on exploration results obtained from only approximately one-third of the main property, with all drill holes still open at depth, there is the potential to significantly increase the size of the resource estimate in the future.

A Preliminary Economic Assessment (PEA) has been completed on this project by the independent engineering firm ARA WorleyParsons (ARAWP). ARAWP has a significant amount of experience in lithium brine processing, having designed and participated in building the world’s largest and lowest cost lithium brine processing facility in Chile. The PEA concludes that the Company’s lithium project has favourable economic potential, and that the project’s most important positive feature is its low operating cost of $1,434 per tonne. The PEA’s base case NPV, assuming an 8% discount rate, is US$983 million pre-tax, and US$715 million post-tax. The entire PEA report can be found in the Investors section of our website, under the 43-101 Technical Reports tab.

Prospective Land Holdings (Incahuasi, Pocitos, and Arizaro)

The Company holds additional exploration prospects within 3 other salt lakes in the Puna Plateau, aggregating to approximately 82,200 ha.