
November 01, 2022
Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to announce the submission of an application to significantly increase the scope of the piloting stage for its 100%-owned Hombre Muerto West Project (HMW Project) in Catamarca Province, Argentina.
Highlights:
- Galan submits application to scale up HMW Project piloting stage to 4ktpa lithium carbonate equivalent (LCE), including construction of 120 Ha of evaporation ponds
- Increased piloting scale designed to de-risk pond construction methodology and evaporation path and deliver accelerated, first-phase 6% Li concentrate
- Larger pilot pond system may be included in total ponds design of full-scale HMW Project, significantly shortening construction and production timelines
- Full-scale HMW production profile permitting (20ktpa+ LCE) on track to be lodged in Q1 2023
- Assuming typical approval timeframes, 4ktpa LCE HMW pilot plant construction could commence in H2 2023
If the application is successful, the construction of the expanded pilot pond system could commence in mid-2023, allowing Galan to accelerate the ramp up of brine evaporation at the HMW Project. The scaled-up piloting to 4ktpa LCE is expected to deliver targeted first-phase, high-quality 6% Li concentrate on a semi-commercial scale. It is also designed to de-risk the targeted full-scale pond construction methodology and evaporation path, as well as provide better defined cost information for final HMW Project capital and operating estimates.
Along with the additional 120 Ha of evaporation ponds, the scaled up pilot plant application includes reagents treatment area, administration and warehouse facilities, laboratory, power supply (including solar plant) and the original small pilot facility to trial production of lithium carbonate.
If the extended brine evaporation piloting is successful, and subject to the approval of the exploitation permit of the HMW Project, the concentrated brine from the piloting stage could be added into the HMW Project production scale-up (currently under evaluation), effectively shortening the overall ramp up timeframe of the full-scale HMW Project development.
Galan’s Managing Director, JP Vargas de la Vega, said: “The key drivers of this expanded pilot permit application fit our steady and staged approach, but also the team’s progressive thinking around alternatives to fast-track lithium production from the HMW Project. The scaling to semi-commercial pilot plant testing delivers significant ancillary and de-risking benefits, including the construction of larger ponds which are similar to those planned to be utilised during HMW’s full-scale production stage.”
Click here for the full ASX ReleaseThis article includes content from Galan Lithium Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
GLN:AU
The Conversation (0)
25 August
Galan Lithium Limited: SUCCESSFUL DUE DILIGENCE COMPLETED - $20M PLACEMENT TO PROCEED
Highlights: All conditions in relation to the $20 million placement to Clean Elements Fund have been satisfied. Due diligence undertaken by Clean Elements Fund validates the standing of Hombre Muerto West ( HMW ) as a world class lithium project, offering exceptional scale and grade. Galan is... Keep Reading...
24 August
Successful Due Diligence Ends - $20M Placement To Proceed
Galan Lithium (GLN:AU) has announced Successful Due Diligence Ends - $20m Placement To ProceedDownload the PDF here. Keep Reading...
01 August
Final At-The-Market Raise for 2025
Galan Lithium (GLN:AU) has announced Final At-The-Market Raise for 2025Download the PDF here. Keep Reading...
30 July
Quarterly Activities and Cash Flow Report
Galan Lithium (GLN:AU) has announced Quarterly Activities and Cash Flow ReportDownload the PDF here. Keep Reading...
28 July
Galan Lithium Limited: Incentive Regime for HMW Project in Argentina
Galan Lithium Limited (ASX: GLN,OTC:GLNLF) (" Galan " or " the Company ") is pleased to advise that the Comite Evaluador de Proyectos RIGI, responsible for awarding the Argentine Government's Régimen de Incentivo para Grandes Inversiones (the incentive regime for large-scale investments referred... Keep Reading...
11h
Livium Ltd (ASX: LIT) – Trading Halt
Trading in the securities of Livium Ltd (‘LIT’) will be halted at the request of LIT, pending the release of an announcement by LIT. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of: the commencement of normal trading on Friday, 17 October 2025; orthe... Keep Reading...
20h
GM Takes US$1.6 Billion Hit on EV Realignment as US Policy Shift Clouds Market Outlook
General Motors (NYSE:GM) will take a US$1.6 billion charge tied to its electric vehicle (EV) production realignment as the federal government rolls back clean energy incentives and emissions standards.In a regulatory filing on Tuesday (October 14), GM said the charges include a US$1.2 billion... Keep Reading...
13 October
EUR Sells a Further 3.85 Million CRML Shares for US$50M (A$76M) to a US Institutional Investor
European Lithium Ltd (ASX: EUR, FRA:PF8, OTC: EULIF) (European Lithium or the Company) is pleased to announce that Critical Metals Corp. (Nasdaq: CRML) in an off-market transaction has sold a further 3.85 million CRML shares to a single US institutional investor at US$13 per share (a 12%... Keep Reading...
12 October
Successful A$4.5m Two Tranche Placement
Green Technology Metals (GT1:AU) has announced Successful A$4.5m Two Tranche PlacementDownload the PDF here. Keep Reading...
10 October
Chairman on India Trade Mission with PM
Robin Brundle joins Prime Minister on first major trade mission to IndiaMr Brundle joins 125-strong delegation of leading business representatives, academic and cultural leaders, and government ministers on UK's largest ever trade mission to IndiaTechnology Minerals Plc (LSE: TM1), the first UK... Keep Reading...
09 October
Mining the Gap: 5 Forces Shaping North America’s Lithium Supply Chain
A convergence of industry investments, government initiatives and a shifting global trade dynamic is creating an environment ripe for the development of a North American battery supply chain, with lithium playing a leading role. These trends are reshaping the region’s industrial base and opening... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00