Connect with us

Hi, what are you looking for?

Earnings PolicyEarnings Policy

Editor's Pick

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

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    FBI Director Christopher A. Wray, who has been increasingly under attack from congressional Republicans, pushed back against his critics in a new interview, saying...

    Economy

    Everything You Need to Know about Tax Saving Deposit Navigating the world of investments can be daunting, especially when looking for options that offer...

    Economy

    USDCHF and USDJPY: USDJPY is testing support at 150.00 The USDCHF pair jumped to 0.91126 levels on Wednesday, forming a new three-week high. The...

    Latest News

    One ripple effect of the Israel-Gaza war is the warp-speed unraveling of relations between President Biden and some of his most loyal voters: Muslims...

    Disclaimer: earningspolicy.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 earningspolicy.com