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.
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