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Segmented Information
 12 Months Ended
Dec. 31, 2024
Disclosure of operating segments [abstract]  
Segmented Information
21.
SEGMENTED INFORMATION

The Company is engaged in production, exploration and development of mineral properties in Argentina. Operating segments are reported in a manner consistent with the internal reporting to the executive leadership team who act as the operating decision-makers. The company has identified two operating segments which include Cauchari-Olaroz, Pastos Grandes Basin. Discontinued operations includes results from the Thacker Pass project. (Note 4). The Company’s reportable segments and corporate assets are summarized in the following tables:

 

 

 

Cauchari-
Olaroz
$

 

 

Pastos Grandes
Basin
$

 

 

Corporate
$

 

 

Total
$

 

As at December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

 

-

 

 

 

8,584

 

 

 

404

 

 

 

8,988

 

Exploration and evaluation assets

 

 

-

 

 

 

343,779

 

 

 

15

 

 

 

343,794

 

Total assets

 

 

421,270

 

 

 

614,286

 

 

 

95,667

 

 

 

1,131,223

 

Total liabilities

 

 

-

 

 

 

(575

)

 

 

(239,718

)

 

 

(240,293

)

For the year ended December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment additions

 

 

-

 

 

 

764

 

 

 

207

 

 

 

971

 

(Loss)/income

 

 

(28,232

)

 

 

4,614

 

 

 

8,378

 

 

 

(15,240

)

Exploration expenditures

 

 

-

 

 

 

(9,819

)

 

 

(259

)

 

 

(10,078

)

Interest expense

 

 

-

 

 

 

-

 

 

 

(25,176

)

 

 

(25,176

)

 

21.
SEGMENTED INFORMATION (continued)

 

 

 

Thacker
Pass
$

 

 

Cauchari-
Olaroz
$

 

 

Pastos
Grandes
Basin
$

 

 

Corporate
$

 

 

Total
$

 

As at December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment

 

 

-

 

 

 

-

 

 

 

8,372

 

 

 

873

 

 

 

9,245

 

Exploration and evaluation assets

 

 

-

 

 

 

-

 

 

 

343,078

 

 

 

14

 

 

 

343,092

 

Total assets

 

 

-

 

 

 

387,844

 

 

 

536,364

 

 

 

130,818

 

 

 

1,055,026

 

Total liabilities

 

 

-

 

 

 

-

 

 

 

(1,858

)

 

 

(224,237

)

 

 

(226,095

)

For the year ended December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment additions

 

 

-

 

 

 

-

 

 

 

4,789

 

 

 

559

 

 

 

5,348

 

Income from discontinued operations

 

 

1,256,294

 

 

 

-

 

 

 

-

 

 

 

14,494

 

 

 

1,270,788

 

Income /(loss) from continuing operations

 

 

-

 

 

 

16,211

 

 

 

(7,399

)

 

 

8,769

 

 

 

17,581

 

Exploration expenditures

 

 

-

 

 

 

-

 

 

 

(20,623

)

 

 

(591

)

 

 

(21,214

)

Interest expense

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(22,702

)

 

 

(22,702

)

 

The Company’s non-current assets are segmented geographically as follows:

 

 

 

Canada
$

 

 

Argentina
$

 

 

Total
$

 

Non-current assets (1)

 

 

 

 

 

 

 

 

 

As at December 31, 2024

 

 

244

 

 

 

385,457

 

 

 

385,701

 

As at December 31, 2023

 

 

571

 

 

 

411,347

 

 

 

411,918

 

 

1 Non-current assets attributed to geographical locations exclude financial and other assets.