The Conversation (0)
November 20, 2023
Galan Lithium (ASX:GLN) has signed a binding offtake agreement with Glencore (LON:GLEN) for up to 100 percent of the lithium to be produced at its Hombre Muerto West project in Argentina, according to an article published in The West Australian.
Glencore also offered to finance the first phase of the HMW project development, which is expected to produce 5,400 tonnes of lithium carbonate equivalent (LCE) in lithium chloride concentrate per year.
The agreement is a confirmation of Galan’s low-cost, low-risk lithium chloride development strategy anticipating HMW production by the first half of 2025. The company commenced construction of Phase 1 of the project in September 2023 and remains on track for the first pond fill in Q1-2024.
Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation.
GLN:AU
20 April 2025
Galan Lithium
Developing high-grade lithium brine projects in Argentina
Developing high-grade lithium brine projects in Argentina Keep Reading...
25 August 2025
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 2025
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 2025
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 2025
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 2025
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...
29 December 2025
SQM, Codelco Seal Landmark Lithium Joint Venture in Salar de Atacama
Sociedad Quimica y Minera (SQM) (NYSE:SQM) and Codelco have finalized their long-awaited partnership, forming a new joint venture that will oversee lithium production in Chile’s Salar de Atacama through 2060.SQM announced on Saturday (December 27) that it has completed its strategic partnership... Keep Reading...
24 December 2025
Altius Minerals to Expand Portfolio with C$520 Million Lithium Royalty Deal
Altius Minerals (TSX:ALS,OTCQX:ATUSF) is making a bet on a lithium market recovery, agreeing to acquire Lithium Royalty (TSX:LIRC) in a C$520 million deal that will expand its exposure to battery metals.Under a definitive agreement announced by the two companies on Monday (December 22), Altius... Keep Reading...
23 December 2025
Liontown's First Tjiwarl Member Completes Apprenticeship at Kathleen Valley
Liontown (ASX:LTR,OTC Pink:LINRF) has reached a milestone at its Kathleen Valley operations, with Vaughan Harris becoming the first Tjiwarl community member to complete an apprenticeship with the company.“Being the first Tjiwarl apprentice to complete an apprenticeship here at Liontown feels... Keep Reading...
22 December 2025
Lithium Market 2025 Year-End Review
The global lithium market endured a bruising 2025, with persistent oversupply and softer-than-expected electric vehicle (EV) demand driving prices for the battery metal to multi-year lows.Lithium carbonate prices in North Asia slipped below US$9,550 per metric ton in February — their weakest... Keep Reading...
11 December 2025
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...
10 December 2025
Rock Bottom: Strategic Window for Ground-level Lithium Investment
When lithium prices hit bottom, savvy investors know that’s exactly where the next big discovery begins — literally. Beneath the surface of global markets and remote exploration grounds, new opportunities are forming in the wake of a sharp price reset and renewed geopolitical urgency.Recent... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Rio Silver Inc. Completes Securities for Debt Transaction
31 December 2025
Prismo Metals Announces Closing of Private Placement
31 December 2025
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00