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Galan Lithium Secures Phase 2 Permit and Boosts Resources Ahead of 2026 Production
6:02pm on Sunday 1st of June, 2025 AEST
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Mining
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Galan Lithium Secures Phase 2 Permit and Boosts Resources Ahead of 2026 Production
6:02pm on Sunday 1st of June, 2025 AEST
Key Points
Phase 2 mining permit granted for Hombre Muerto West, enabling up to 21,000 tpa LCE production
Candelas project mineral resource upgraded to 1.634 Mt LCE, lifting total resources to 9.5 Mt LCE
Phase 1 production target adjusted to 4,000 tpa LCE with first output expected in H1 2026
US$3 million placement from Chemphys supports funding runway amid ongoing financing talks
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