Skip to content
Finance Investment, Oil Mining Resources

Galan Lithium (ASX:GLN) – Maiden Filling of Pond 1 Commences at Hombre Muerto West

Galan Lithium Limited (ASX:GLN) 2 mins read

Galan Lithium Limited (ASX:GLN) ("Galan" or the "Company"), an ASX-listed lithium exploration and development business, is pleased to provide an update on the significant progress of its Hombre Muerto West (HMW) Phase 1 lithium brine project. The Company is on track to commence lithium chloride production in the first half of 2025.


Key Project Highlights:

  • Commencement of Pond 1 Filling: The initial filling of Pond 1 at the HMW Project marks a significant milestone in the project's development.
  • Evaporation Process Initiation: The evaporation process, a critical component of lithium production, is set to begin within two weeks following the completion of quality testing.
  • Rapid Progress in Construction: The liner installation in Pond 1 has achieved 40% completion, while Pond 2's earthworks construction is 20% complete.
  • Premium Grade Lithium Chloride Production: The HMW Project is poised to produce a high-grade lithium chloride concentrate of 6% Li, equivalent to 13% Li2O or 32% Lithium Carbonate Equivalent (LCE), positioning it as a tier-one project in the industry.
  • Competitive Cost Structure: With an operating cost of $US3,510/t LCE, translating to a low Li2O equivalent operating cost of SC6 $US310/t-$US350/t, HMW is positioned in the 1st quartile of the lithium industry’s cost curve.
  • Resource Estimate Update: An updated resource estimate for the HMW Project is scheduled for release in Q1 2024.

Phased Production Strategy:

The HMW project is structured into four production phases. The initial Phase 1 Definitive Feasibility Study (DFS) is focused on producing 5.4ktpa LCE of lithium chloride concentrate by H1 2025. Subsequent phases include:

  • Phase 2: Targeting 21ktpa LCE in 2026.
  • Phase 3: Aiming for 40ktpa LCE by 2028.
  • Phase 4: Projected to reach 60ktpa LCE by 2030, incorporating lithium brine from both HMW and Galan’s Candelas project.

The promising results of the Phase 2 DFS, announced on 3 October 2023, underscore the project's potential and scalability.


Galan’s Managing Director, Juan Pablo (JP) Vargas de la Vega, commented:


“Our experienced project team have been implementing a quicker route to start evaporation while construction continues for HMW Phase 1. We are taking advantage of the summer season whereby a buffer wall has been installed at the one third mark of Pond 1. The commencement of the filling of Pond 1 is another significant major milestone for the HMW project and I congratulate the entire Galan team. The initial partial evaporation process will commence in approximately 14 days with the full fill of Pond 1 remaining on track for Q1 2024.” 

About us:

Galan Lithium Limited (ASX:GLN) is an ASX-listed lithium exploration and development business. Galan’s flagship assets comprise two world-class lithium brine projects, HMW and Candelas, located on the Hombre Muerto Salar in Argentina, within South America’s ‘lithium triangle’. Hombre Muerto is proven to host lithium brine deposition of the highest grade and lowest impurity levels within Argentina. It is home to the established El Fenix lithium operation (Livent Corporation) and the Sal de Vida (Allkem) and Sal de Oro (POSCO) lithium projects. Galan is also exploring at Greenbushes South in Western Australia, approximately 3 km south of the Tier 1 Greenbushes Lithium Mine.

Contact details:

Jane Morgan


More from this category

  • Finance Investment, Oil Mining Resources
  • 23/02/2024
  • 12:11
Critical Minerals Group (ASX:CMG)

Critical Minerals Group (ASX:CMG) Welcomes Groundbreaking Vanadium Battery Manufacturing Agreement in Townsville

Sydney, Australia 23 February 2024 - ASX listed vanadium developer, Critical Minerals Group (ASX:CMG), is thrilled to announce its enthusiastic support for the recent collaboration agreement that marks a significant milestone in the establishment of a vanadium flow battery manufacturing supply chain in Townsville, North Queensland. In a joint statement, Queensland Premier, The Honourable Steven Miles, and the Queensland Minister for Resources and Critical Minerals, The Honourable Scott Stewart, announced a non-binding collaboration agreement between Vecco Group, Sumitomo Electric, and Idemitsu. This group aims to manufacture, market, sell, and deliver batteries from North Queensland. Based on publicly announced projects, globally…

  • Contains:
  • Finance Investment, Oil Mining Resources
  • 23/02/2024
  • 11:08
Conrad Asia Energy Ltd (ASX:CRD)

Conrad Asia Energy Ltd (ASX:CRD) – Ministerial Approval of Mako Gas Price & Allocation

Conrad Asia Energy Ltd (ASX:CRD), a leading natural gas exploration and development company focused on Asia, is thrilled to announce a pivotal advancement in the Mako field project within the Duyung Production Sharing Contract (PSC). The Indonesian Minister of Energy and Natural Resources has officially approved the gas price and volume allocation for the Mako project, marking a significant milestone in the project's development and the country's energy sector. This approval, conveyed through an Allocation Letter from the Indonesian Minister of Mining and Natural Resources, sets the stage for Conrad to finalize fully termed Gas Sales Agreements (GSA). It signifies…

  • Contains:
  • Finance Investment, Oil Mining Resources
  • 23/02/2024
  • 10:47
American Rare Earths Limited (ASX: ARR)

American Rare Earths Limited (ASX: ARR) – A$13.5m Placement to advance Halleck Creek Project

American Rare Earths Limited (ASX: ARR | ADRs – OTCQX: AMRRY | Common Shares – OTCQB: ARRNF) (“ARR” or the “Company”), a leader in the exploration and development of critical minerals essential for the clean energy transition, is thrilled to announce the successful completion of a placement that raised A$13.5 million through the issuance of 45 million new fully paid ordinary shares at an issue price of A$0.30 per share (“Placement”). This significant capital injection was met with strong enthusiasm from both existing shareholders and new institutional investors, underscoring the market's confidence in ARR's strategic direction and its commitment to…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.