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The latest update is out from Galan Lithium Limited ( (AU:GLN) ).
Galan Lithium Limited has announced significant progress in its Phase 1 construction activities at the Hombre Muerto West (HMW) project. The nano-filtration plant, crucial for the operation, has been assembled and tested in Sydney and is now being transported to South America, with commissioning expected in early 2026. Additionally, evaporation ponds have been redesigned to support the production rate of 4,000 tonnes per annum of lithium carbonate equivalent, marking a strategic advancement in Galan’s operational capabilities and positioning in the lithium market.
The most recent analyst rating on (AU:GLN) stock is a Buy with a A$0.30 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 operates in the lithium industry, focusing on the production of lithium chloride and lithium carbonate equivalents. The company is engaged in developing its Hombre Muerto West (HMW) project, aiming to enhance its market position in the lithium sector.
YTD Price Performance: 92.86%
Average Trading Volume: 4,276,800
Technical Sentiment Signal: Hold
Current Market Cap: A$310.5M
For a thorough assessment of GLN stock, go to TipRanks’ Stock Analysis page.