Lithium Argentina AG: Form SD - Filed by newsfilecorp.com

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM SD

Specialized Disclosure Report

LITHIUM ARGENTINA AG

(Exact name of registrant as specified in its charter)

Switzerland        001-38350        Not applicable
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (IRS Employer
Identification No.)

Dammstrasse 19, 6300 Zug, Switzerland        900 West Hastings Street, Suite 310,
Vancouver, British Columbia,
Canada V6C 1E5
(Address of principal executive offices)   (North American Mailing Address)

Alex Shulga
778-653-8092
(Name and telephone number, including area code, of person to contact in connection with this report)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

☐          Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ___.

☒          Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025.


SECTION 1 - CONFLICT MINERALS DISCLOSURE

Item 1.01 - Conflict Minerals Disclosure and Report

Not applicable

Item 1.02 - Exhibit

Not applicable

SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE

Item 2.01 Resource Extraction Issuer Disclosure and Report

Lithium Argentina AG (“Lithium Argentina”) is subject to Canada’s Extractive Sector Transparency Measures Act (“ESTMA”). Lithium Argentina is relying on the alternative reporting provision of Item 2.01 and providing its ESTMA report for the year ended December 31, 2025 to satisfy the requirements of Item 2.01. Lithium Argentina’s ESTMA report is available on Lithium Argentina’s website at https://investors.lithium-argentina.com/static-files/179965ef-1fa0-4f94-aec6-98cc14431c21 or on the Government of Canada’s website at https://natural-resources.canada.ca/our-natural-resources/minerals-mining/services-for-the-mining-industry/extractive-sector-transparency-measures-act/links-estma-reports/18198. The payment disclosure required by Form SD is included as Exhibit 2.01 to this Form SD.  

SECTION 3 - EXHIBITS

Item 3.01. Exhibits

The following exhibit is filed as part of this report.

Exhibit Number        Description
     
2.01   Extractive Sector Transparency Measures Act - Annual Report for the year ended December 31, 2025


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned.

LITHIUM ARGENTINA AG


By: /s/ Alex Shulga   September 4, 2026
  Alex Shulga   (Date)
  Vice President and Chief Financial Officer    


Lithium Argentina AG: Exhibit 2.01 - Filed by newsfilecorp.com

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report  
Reporting Entity Name Lithium Americas (Argentina) Corp.  
Reporting Year From  2025-01-01 To:  2025-12-31 Date submitted 2026-05-29  
Reporting Entity ESTMA Identification Number E517256 Original Submission
Amended Report
   
Other Subsidiaries Included
(optional field)
   
   
For Consolidated Reports - SubsidiaryReporting Entities Included in Report: E186607 Millennial Lithium Corp.  
   
Not Substituted    
   
Attestation by Reporting Entity    
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above.Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.  
   
   
Full Name of Director or Officer of Reporting Entity Alex Shulga Date 2025-05-29  
Position Title Chief Financial Officer  


UNCLASSIFIED - NON CLASSIFIÉ


Extractive Sector Transparency Measures Act - Annual Report
Reporting Year From:  2025-01-01 To:  2025-12-31    
Reporting Entity Name Lithium Americas (Argentina) Corp. Currency of the Report USD
Reporting Entity ESTMA Identification Number E517256    
Subsidiary Reporting Entities (if necessary) E186607 Millennial Lithium Corp.    
Payments by Payee
Country  Payee Name1 Departments,
Agency, etc... 
within Payee that
Received

Payments2
 Taxes Royalties  Fees Production
Entitlements
Bonuses  Dividends Infrastructure
Improvement
Payments
Total
Amount paid
to Payee
Notes34
Argentina Government of Salta Province Provincial Revenue of Salta     214         214 Annual rights payment (REMSA). Payment completed in ARS pesos ARS $228,071, FX rate 0.000940 equal to USD $214.39

Payments method of conversion at the exchange rate at the time payment was made. FX rates from OANDA currency converter, source of accounting system.
Argentina Government of Salta Province General Direction Revenue of
Salta
    228,764         228,764 Annual rights payment. Payment completed in ARS pesos ARS $245,758,112 FX rate 0.000931 equal to USD $228,764

Payments method of conversion at the exchange rate at the time payments were made. FX rates from OANDA currency converter, source of accounting system.
Argentina National Government of Argentina ARCA (Agencia de Recaudacion y Control Aduanero) replacing former tax agency AFIP     331,438         331,438

Annual personal tax payment calculated on the basis of 0.5% on company's equity from foreign investors. Payment completed in ARS pesos ARS $480,345,293 FX rate 0.000690 equal to USD $331,438

Payments method of conversion at the exchange rate at the time payments were made. FX rates from OANDA currency converter, source of accounting system.

Chile Tesoreria General de la Republica  SCM Pampa Union      140,966          140,966 Annual rights payment. Payment completed in CPL pesos ARS $133,918,132 FX rate 0.001053 equal to USD $140,966

Payments method of conversion at the exchange rate at the time payments were made. FX rates from Banco de Chile. 
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
                       
Additional Notes: FX rates based on the accountig system conversion as per payment date. OANDA currency converter is the source for the accounting system.

 


UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report
Reporting Year From:  2025-01-01 To:  2025-12-31    
Reporting Entity Name Lithium Americas (Argentina) Corp. Currency of the Report USD
Reporting Entity ESTMA Identification Number E517256    
Subsidiary Reporting Entities (if necessary) E186607 Millennial Lithium Corp.    
Payments by Project
Country Project Name1  Taxes Royalties  Fees  Production Entitlements  Bonuses  Dividends Infrastructure
Improvement Payments
Total Amount paid
by Project
Notes23
Argentina Proyecto Pastos Grandes 331,438    228,978         560,416 Local annual mineral rights. 

For individual payments break down, please refer to details in tab Payments by Payee
Chile  Arena Minerals Chile     40,966          140,966 

Local annual mineral rights.

For individual payments break down, please refer to details in tab Payments by Payee

                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
                     
Additional Notes3: