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Galan Lithium Secures $13M Funding and Authium Offtake Deal, Targets 2026 Production
5:16am on Monday 2nd of June, 2025 AEST
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Mining
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Galan Lithium Secures $13M Funding and Authium Offtake Deal, Targets 2026 Production
5:16am on Monday 2nd of June, 2025 AEST
Key Points
Binding funding and offtake agreement signed with Authium Limited
Authium to fund, supply, and operate processing technology at Hombre Muerto West
Placement raised approximately A$13 million at $0.11 per share
Total mineral resources increased to 9.5 Mt lithium carbonate equivalent
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Galan Lithium (ASX:GLN)
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