trending Market Intelligence /marketintelligence/en/news-insights/trending/Iu-LDRUoEwAqRqUY3rGd-g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lithium Americas secures US$112M for Cauchari-Olaroz lithium project

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020

Lithium Americas secures US$112M for Cauchari-Olaroz lithium project

Canada's Lithium Americas Corp. has landed a US$112 million investment by The Bangchak Petroleum Public Co. Ltd. to fund the construction of its Cauchari-Olaroz lithium project in Argentina.

Lithium Americas said Jan. 19 that BCP Innovation Pte Ltd., a subsidiary of The Bangchak Petroleum Public, has agreed to subscribe for 50 million shares at 85 Canadian cents each for a total cost of C$42.5 million.

BCP Innovation will also provide the company with a six-year US$80 million project debt facility.

In addition to the funding commitment, BCP Innovation has agreed to purchase 15% of Lithium Americas' share of lithium carbonate production from stage one of the Cauchari-Olaroz project.

As a result of the deal, BCP Innovation will have the right to one nominee on Lithium Americas' board.

Lithium Americas has now raised US$286 million after completing an investment deal with Ganfeng Lithium just two days earlier.

Vice Chairman and President John Kanellitsas said the two deals will satisfy the financing requirements for Lithium America's 50% share of stage one of the Cauchari-Olaroz joint venture.