0001440972 2024-01-01 2024-12-31 0001440972 dei:BusinessContactMember 2024-01-01 2024-12-31 0001440972 2024-12-31 0001440972 2023-10-02 2024-01-01 2024-12-31 shares 0001440972 true FY 20-F/A false true 2024-12-31 --12-31 2024 false false 001-38350 LITHIUM ARGENTINA AG V8 Dammstrasse 19 6300 Zug CH Alex Shulga 900 West Hastings Street Suite 310 Vancouver BC CA V6C 1E5 alex.shulga@lithium-argentina.com 778 653-8092 Registered common shares, $0.01 par value per share LAR NYSE 161931734 No No Yes Yes Accelerated Filer false true false International Financial Reporting Standards false EXPLANATORY NOTE Lithium Argentina AG (the "Company") is filing this Amendment No. 1 ("Amendment No. 1") to the Annual Report on Form 20-F for the year ended December 31, 2024 (the "2024 Form 20-F"), as filed with the United States Securities and Exchange Commission (the "SEC") on March 31, 2025 (the "Original Filing Date"), to: file the SEC Technical Report Summary Lithium Resource Estimate Pastos Grandes Project Salta Province, Argentina and update relevant mining disclosure in "Item 4: Information on the Company - D. Property, Plants and Equipment"; update senior management compensation and relevant disclosure in "Item 6: Directors, Senior Management and Employees - Summary Compensation Table"; and supplement "Item 18: Financial Statements" and "Item 19: Exhibits" of the 2024 Form 20-F with the inclusion of the audited financial statements of Minera Exar S.A. (the "Minera Exar Financial Statements"), including the report of Price Waterhouse & Co. S.R.L., an independent registered public accounting firm, relating thereto as required under Rule 3-09 of Regulation S-X. Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, this Amendment No. 1 also includes, as Exhibits 12.1, 12.2, 13.1 and 13.2, the certifications of the Principal Executive Officer and Principal Financial Officer of the Company pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002. This Amendment No. 1 also includes Exhibit 15.13, which contains the consent of Price Waterhouse & Co. S.R.L., an independent registered public accounting firm, with respect to their report included in the Minera Exar Financial Statements. Except as described above, no changes have been made to the 2024 Form 20-F, and this Amendment No. 1 does not modify, amend or update the financial or other information contained in the 2024 Form 20-F. This Amendment No. 1 does not reflect any events that have occurred on or after the Original Filing Date. Among other things, the Company has not revised forward-looking statements made in the 2024 Form 20-F to reflect events that occurred or facts that became known to the Company after the Original Filing Date. Therefore, this Amendment No. 1 should be read in conjunction with the 2024 Form 20-F and any other documents that the Company has filed with the SEC on or after the Original Filing Date. The Company has adopted compensation recovery policy effective October 2, 2023 (referred to as the "Incentive Compensation Clawback Policy") as required by NYSE American listing rules and pursuant to Rule 10D-1 of the Exchange Act. The Company amended and restated the Incentive Compensation Clawback Policy, effective January 23, 2025 (the "Amended Incentive Compensation Clawback Policy"). The Amended Incentive Compensation Clawback Policy is filed as Exhibit 97.1 to this annual report. At no time during or after the fiscal year ended December 31, 2024 (as of the date of this annual report), was the Company required to prepare an accounting restatement that required recovery of erroneously awarded compensation pursuant to the Incentive Compensation Clawback Policy or the Amended Incentive Compensation Clawback Policy and, as of December 31, 2024, there was no outstanding balance of erroneously awarded compensation to be recovered from the application of the Incentive Compensation Clawback Policy or the Amended Incentive Compensation Clawback Policy to a prior restatement. 2023-10-02 the Company required to prepare an accounting restatement that required recovery of erroneously awarded compensation pursuant to the Incentive Compensation Clawback Policy or the Amended Incentive Compensation Clawback Policy there was no outstanding balance of erroneously awarded compensation to be recovered from the application of the Incentive Compensation Clawback Policy or the Amended Incentive Compensation Clawback Policy to a prior restatement.