Galan Lithium Limited (AU:GLN) has released an update.
Galan Lithium Limited reports a 40% completion of their HMW Phase 1 lithium brine project, with 2,800 tons of lithium carbonate equivalent (LCE) already accumulated. The project is progressing with prudent cash management, aiming for first production in the second half of 2025 and actively seeking definitive sales agreements and funding. With the successful completion of Phase 1, Galan has outlined plans for increased production in subsequent phases, targeting up to 60ktpa LCE by 2030.
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