Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Editor's Pick

Galan Lithium Secures Final Permitting to Commence Construction at Hombre Muerto West

Galan Lithium (ASX:GLN) has secured all permits required to clear the way for construction at its Hombre Muerto West (HMW) lithium brine project in Argentina, according to an article published by The West Australian.

The Catamarca Ministro – Ministerio de Mineria (Mines Department Minister) has approved all permits for Galan’s Phase 1 construction for 5,400 tons per annum lithium carbonate equivalent (LCE) production.

Capital cost for Phase I construction is US$104 million (AU$158.8 million) before contingency and the operating cost is at US$3,963 (AU$6,053.2) per tonne of LCE placing it in the lower half of the lithium cost curve globally, the article said.

Galan’s Phase I is planned to deliver lithium chloride production in the first half of 2025. According to the article, this will provide crucial cash flow to support the project’s second phase, which is anticipated to increase the production rates fourfold.

Read the full article here.

Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation

.

This post appeared first on investingnews.com
Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Editor's Pick

    Overview The world of business technology has evolved. Driven by the shift towards distributed work and cloud application delivery, enterprise infrastructure is undergoing a...

    Latest News

    Donald Trump’s defense attorneys Wednesday asked the federal judge handling the government’s classified documents case to allow the former president and his legal team...

    Economy

    Bitcoin Rebounds to $69,000 Quick Look Bitcoin rebounds to $69,000, influenced by optimistic FR statements and anticipation of the halving event. FR officials’ comments...

    Economy

    0xDistro ICO (DISTRO) is Live. What does it offer? In the world of decentralized finance, 0xDistro emerges as a promising project. It presented itself...



    Disclaimer: alivebusinessplan.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 alivebusinessplan.com