Investing

Galan’s Hombre Muerto West on Track for Lithium Production in 2025

Galan Lithium (ASX:GLN) is on track for its planned initial lithium chloride production in the first half of 2025, according to an article published by The West Australian.

Pond 1 construction at the Hombre Muerto West (HMW) lithium project in Argentina has been progressing as scheduled with construction of its first evaporation pond now 65 percent complete. Pond filling is expected in Q1 2024.

Galan Lithium managing director Juan Pablo Vargas de la Vega said pond construction has been on schedule in accordance with expectations. The company is focused on beginning brine evaporation by summertime, he added.

The proposed production at HMW was divided into four phases, with the first step targeting production of 5,400 tonnes per annum lithium carbonate equivalent of lithium chloride concentrate by early 2025.

The company is currently implementing preparation works for Ponds 2 and 3.

Read the full article here.

Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation

.

This post appeared first on investingnews.com

You May Also Like

Stock

Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

Investing

ASX-listed Antilles Gold (ASX:AAU, OTCQB:ANTMF) is an Australian mining company focused on gold and copper projects in Cuba through joint ventures with the Cuban...

Editor's Pick

California Gov. Gavin Newsom announced Sunday that he was appointing Emily’s List President Laphonza Butler as the replacement to former senator Dianne Feinstein (D-Calif.),...

Editor's Pick

JERUSALEM — Iran launched a massive attack of more than 300 missiles and drones toward Israel late Saturday, a stunning assault that put the...

Disclaimer: investmentintellecthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 InvestmentIntellectHub.com