Northwire Canada EditionThursday, July 16, 2026
Northwire
HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.190 +0.0% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.50 +0.9% CAM 0.330 −1.5% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.180 −5.3% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.190 +0.0% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.50 +0.9% CAM 0.330 −1.5% SYH 0.405 +0.0% LOT 0.040 +0.0% CPL 0.180 −5.3%
M&A / Property

Argentina Lithium Announces Memorandum of Understanding with Xi'an Lanshen New Material Technology to Advance Rincon West Lithium Project

Argentina Lithium Secures DLE Tech Partner for Rincon West as Cash Reserves Dwindle to Critical Levels

Executive Summary

The most recent news (December 22, 2025) announces a Memorandum of Understanding (MOU) with Xi'an Lanshen New Material Technology Co., Ltd. to advance the Rincon West Lithium Project. The agreement outlines a technical collaboration where Lanshen will deploy its Direct Lithium Extraction (DLE) technology, including a pilot plant and engineering support, to move the project toward a Feasibility Study. In exchange for these technical and financial contributions, Lanshen will be eligible for an equity earn-in at the subsidiary level (ALESA). The MOU targets an initial 5,000 tonnes per annum (tpa) lithium carbonate plant, with scalability to 20,000 tpa.

Material Impact

This news is materially positive but carries significant execution risk. - Technical Validation: Aligning with an established DLE provider addresses the primary hurdle for Argentine brine projects—processing efficiency and recovery rates. - Financial De-risking: By allowing Lanshen to "earn-in" through technical milestones, the company reduces the immediate need for massive CAPEX it currently cannot afford. - Strategic Positioning: This complements the existing 19.9% stake held by Stellantis N.V., providing a clearer path from resource (238,000 tonnes LCE M&I) to battery-grade production for the EV supply chain. - Caveat: The MOU is non-binding (except for confidentiality) and valid for only 12 months. It is a "framework" rather than a definitive agreement.

LIT · Price
Company Overview

Argentina Lithium & Energy Corp. is an explorer focused on the "Lithium Triangle" in Argentina. Its flagship is the Rincon West Project, located adjacent to Rio Tinto's Rincon project. - Resource: 238,000 tonnes LCE (Measured & Indicated) at 295-297 mg/l Li. - Inferred: 64,000 tonnes LCE at 216 mg/l Li. - Stage: Advanced Exploration/Resource stage moving toward PEA.

Read the original news release →

More from Argentina Lithium & Energy Corp.