Galan Lithium Limited (ASX: GLN) has responded to speculation about any impact of the recent court ruling at its 100% owned Hombre Muerto West (HMW) lithium brine project, with lithium chloride production expected in H1 2025.
Galan’s managing director, Juan Pablo (JP) Vargas de la Vega, stated: “We wish to confirm that a recent ruling by the Court of Justice in the Province of Catamarca, Argentina will have no impact on Galan’s Phase 1 project and no expected impact on our Phase 2 development plans at Hombre Muerto West. We are not located in the area under dispute and there is no river running close by to Hombre Muerto West, that could be affected by similar rulings in the future. We are confident that this is a localized issue which may potentially impact some other projects operating on the Hombre Muerto Salar but has no impact on Galan.”
Galan continues its steady progress in advancing its low cost, high grade HMW project to production in a timely manner. As previously announced, the HMW project was separated into four production phases.
The initial Phase 1 Definitive Feasibility Study (DFS) focused on the production of 5.4Ktpa LCE of a lithium chloride concentrate by H1 2025, as governed by the approved production permits. The Phase 2 DFS targets 21Ktpa LCE of a lithium chloride concentrate in 2026, followed by Phase 3 production of 40Ktpa LCE by 2028 and finally a Phase 4 production target of 60Ktpa LCE by 2030. Phase 4 will include lithium brine sourced from both HMW and Galan’s other 100% owned project in Argentina, Candelas.
To read more about this, please visit www.galanlithium.com.au
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