Galan Lithium HMW Project Review Optimises Capex Profile

THE DRILL SERGEANT: Galan Lithium (ASX: GLN) has made considerable advancement of feasibility study foundation works underway at the company’s Hombre Muerto West project (HMW project) located in the South American Lithium Triangle.

Galn Lithium’s HMW project team completed a preliminary evaporation ponds design making full use of the company’s tenement holding for producing up to 25,000 tonnes per annum lithium carbonate equivalent (LCE).

The company said the work had confirmed the robustness of the evaporation design to achieve a high-quality brine concentrate by successfully completing two additional brine evaporation tests.

“Galan continues to strengthen and broaden the flexibility of the HMW project with a view to production as soon as possible,” Galan Lithium managing director Juan Pablo (JP) Vargas de la Vega said in the company’s ASX announcement.

“We have confirmed the existence of a strong product with lithium concentrate levels beyond six per cent lithium, and we continue to optimise our evaporation route.

“Our team is confident of the HMW project’s potential to increase its production levels up to 25,000 tonnes per annum LCE in the next feasibility studies.

“The Galan team continues to look at solutions to grow and make HMW as robust and as low risk as possible by using proven technology.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

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Web: www.galanlithium.com.au