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Message: Troubles in Argentina?

 

Lithium Americas Provides Update on COVID-19 Response at Caucharí-Olaroz

 

July 27, 2020 - Vancouver, Canada: Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") announced on July 6, 2020 that workers at the Caucharí-Olaroz lithium project (“Caucharí-Olaroz” or the “Project”) in Jujuy, Argentina tested positive for COVID-19. In response, construction was immediately suspended and all workers were quarantined and have undergone further testing. The local operating company, Minera Exar S.A. (“Minera Exar”), a 50/50 joint venture with the Company and Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”, together with the Company, the “Shareholders”), has completed testing of the entire workforce and safely demobilized the site. While additional workers tested positive for COVID-19, the Company has been advised that the majority of positive cases are asymptomatic. Approximately 20% of positive cases are recovered and have been released with three workers hospitalized and in stable condition.

 

The Company has recently become aware of press reports indicating that the Province of Jujuy has commenced proceedings related to Minera Exar’s implementation of provincial COVID-19 health and safety protocols. Minera Exar and the Shareholders take these claims seriously and are actively addressing these matters with the Province of Jujuy.

 

"The health and safety of our workers, local communities and the Province of Jujuy has always been - and will continue to be - our highest priority," said Jon Evans, President and CEO of Lithium Americas. “We are working closely with our partner Ganfeng Lithium and, with the advice of leading medical experts, taking appropriate actions with Minera Exar and the Province of Jujuy to ensure we continue to prevent the spread of COVID-19, while providing the highest health and safety standards for our workers and local communities.”

 

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