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Developing the Advanced Wolfsberg Lithium Deposit in Austria

Galan Lithium Limited: Incentive Regime for HMW Project in Argentina

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 to as the " RIGI "), has approved the RIGI for Galan's flagship Hombre Muerto West (" HMW" ) Project in Catamarca Province, Argentina . Galan now expects to receive official approvals relating to the RIGI in due course.

 

The RIGI is a landmark investment framework introduced as part of the Government of Argentina's new economic reform agenda, aimed at encouraging large-scale investment in key sectors, including mining. The RIGI provides long-term certainty on tax and foreign exchange regulations, as well as streamlined permitting, both critical enablers for project financing, efficient construction and operation of the HMW Project over its multi-decade life.

 

 

News Provided by PR Newswire via QuoteMedia

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