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Galan Lithium Limited (ASX:GLN)

ALERT: Price-sensitive ASX Announcement for GLN
Current share price for GLN : $0.450 0.18 (66.67%)+
Announcement
Release
15 Dec 2025 9:38AM
Price at Release
$0.270
Full Release
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Summary
Galan Lithium Limited (ASX: GLN) announced progress on its Phase 1 construction activities for the Hombre Muerto West (HMW) Project. The nano-filtration plant, a key component of Phase 1, has been assembled and tested in Sydney and is now in transit to South America, expected to arrive in early 2026. The plant will support an initial production rate of 4,000 tonnes per annum of lithium carbonate equivalent, with potential expansion to 5,400 tpa. Evaporation ponds have been redesigned, and infrastructure improvements are advancing on schedule, with plans to expand production up to 21,000 tpa LCE in the future. The HMW project benefits from Argentina's RIGI framework, offering tax benefits and fiscal stability. Galan's Managing Director, Juan Pablo Vargas de la Vega, highlighted the company's commitment and teamwork in reaching these milestones.
Key Points
  • Nano-filtration plant assembled and tested, now in transit to South America.
  • Phase 1 construction activities at HMW are advancing towards completion.
  • Initial production rate of 4,000 tpa LCE with potential to expand to 5,400 tpa.
  • Evaporation ponds redesigned to optimize lithium chloride production.
  • HMW project is part of Argentina's RIGI framework, offering tax benefits.
  • Galan is on track for first lithium chloride production in 2026.
  • Potential future expansion to 21,000 tpa LCE.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.