Galan Lithium Ltd
Galan Lithium Limited is an Australia-based lithium exploration and development company.
The business
Galan Lithium Limited is an Australia-based lithium exploration and development company. The Company is focused on its lithium brine projects, Hombre Muerto West (HMW) and Candelas, located on the Hombre Muerto Salar in Argentina. Its projects include HMW Lithium Project, Candelas Project, and Greenbushes South Project. Its flagship HMW Lithium Project is situated within the Hombre Muerto basin. The Project lies 90 kilometers (km) north of the town of Antofagasta de la Sierra, in the Province of Catamarca, Argentina, and is located to the southwest of the Salar del Hombre Muerto. The Candelas Project comprises 14 exploration permits covering over 24,000 hectares hosted within an approximately 15km long by three-four km wide structurally controlled basin. It also owns 100% of the Greenbushes South Project, which covers a total area of approximately 315 square kilometers (km2) located about 250 km south of Perth, Western Australia.
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Latest news
Galan Lithium secures key funding and offtake deal to fast-track Hombre Muerto West project
Galan Lithium (ASX: GLN) has secured key funding and signed an offtake agreement in a major breakthrough as it progresses its world-class Hombre Muerto West project (HMW) in Argentina. The offtake and operating agreements with Australian firm Authium will not only provide Galan with a market for the sale of 45,000 tonnes of lithium chloride […]
Galan Lithium granted Phase 2 mining permit for Hombre Muerto West project
Galan Lithium (ASX: GLN) has been granted a full Phase 2 mining permit for its wholly- owned Hombre Muerto West lithium brine project in Argentina. The permit was granted by the Catamarca Ministro – Ministerio de Mineria (Mines Department Minister) and covers all construction activities including ponds, processing plant, onsite laboratory, power and other required […]
Galan Lithium advances HMW project with $40m offtake prepayment and $25m capital raise
Galan Lithium (ASX: GLN) has advanced its wholly-owned Hombre Muerto West (HMW) lithium brine project in Argentina, securing a deal for an offtake prepayment and completing a capital raise to fully fund Phase 1 initial production. During the September quarter, the company entered into a memorandum of understanding with Chengdu Chemphys Chemical Industry for the […]
Galan Lithium launches $25m capital raising to fund Hombre Muerto West development
Galan Lithium (ASX: GLN) has launched a $25 million capital raising to fund further development of its flagship Hombre Muerto West (HMW) lithium project in Argentina’s Catamarca province. The company has received firm commitments for a $12m placement to institutional, sophisticated and professional investors at $0.105 per share. This represents an 8.7% discount to the […]
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