Galan Lithium Secures Phase 2 Mining Permit for Argentine Project
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An update from Galan Lithium Limited ( (AU:GLN) ) is now available.
Galan Lithium Limited announced the granting of a full Phase 2 mining permit for its Hombre Muerto West lithium brine project in Argentina, enabling expansion of production up to 21,000 tonnes per annum of lithium carbonate equivalent. This development positions the company within the first quartile of the cost curve in the lithium industry and supports its application for Argentina’s new incentive regime for large investments, marking a significant step toward becoming a long-term, globally significant lithium supplier.
More about Galan Lithium Limited
Galan Lithium Limited is an Australian company focused on the lithium mining industry. It specializes in the production of lithium carbonate equivalent (LCE) from its Hombre Muerto West (HMW) lithium brine project in Argentina.
YTD Price Performance: 8.11%
Average Trading Volume: 20,479
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €64.51M
Learn more about GLN stock on TipRanks’ Stock Analysis page.
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