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The latest announcement is out from Galan Lithium Limited ( (AU:GLN) ).
Galan Lithium Limited has announced significant progress in the Phase 1 construction of its Hombre Muerto West (HMW) lithium brine project in Argentina. The company has completed the design of Pond 4, which will support a 4,000 tpa lithium carbonate equivalent operation, and is advancing the construction of a nano-filtration plant in Sydney. These developments are crucial for optimizing lithium production and enhancing the company’s position in the lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.36 price target. To see the full list of analyst forecasts on Galan Lithium Limited stock, see the AU:GLN Stock Forecast page.
More about Galan Lithium Limited
Galan Lithium Limited is a company operating in the lithium industry, focusing on the extraction and production of lithium brine. Their primary market focus is on the development of lithium projects, particularly in the Catamarca region of Argentina.
Average Trading Volume: 3,699,585
Technical Sentiment Signal: Sell
Current Market Cap: A$164M
Learn more about GLN stock on TipRanks’ Stock Analysis page.