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

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This post appeared first on investingnews.com

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