GLN

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13.0¢ galan lithium limited

General Discussion Banter GLN, page-9313

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Chewy1104

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01/11/22

12:32

Post #: 64522054
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Originally posted by bombersmadd: ↑

Im not 100% convinced we need to build a carbonate plant, I get a feeling that when the time comes to making that investment decision for a further processing plant in 2024 / 2025, the market for solid state will have expanded, it will be cheaper to build / construct a processing facility to process our chloride that will be at 33% LCE, into a higher purity +99% chloride product given the flowsheet is much simpler than going through a carbonation

Lower Capex, Lower Opex and here is the real kicker that no even 1 market analyst or company is discussing today High Purity Lithium Chloride will in all likelihood receive the same price as Battery Grade Carbonate, ultimately it will lead to a more profitable company, not to produce carbonate, but instead produce high purity chloride

I apologise for the below graph as it was taken from the start of this year, the 2030 Pipeline Capacity Figure is now over 320GWh for solid state which would require in excess of 300,000 tonnes of Lithium per annum. I am only aware of 3 companies in the world that are producing or planning to produce significant quantities of Chloride (which will become the ideal feedstock for Lithium Metal Conversion, into Solid State)
1- Livent Corporation our Neighbor at Hombre Muerto
2 - Ganfeng at Mariana Argentina (Worlds 1st 100% Lithium Chloride Operation)
3 - Galan Lithium

High purity Chloride is almost on parity with Carbonate today, every man + woman + child entering the Lithium Game today is looking to enter the downstream hydroxide + carbonate space... you can count on one hand the number of players that are shaping their business for what could very well be the higher margin chloride pathway

Id be more than happy for Galan to be a key supplier direct to Ganfeng for their growing Solid State business

High Grade, Low Impurities gives us multiple options

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I have no objections to that either. Going down the 99% chloride option. Makes alot of sense.

GLN Price at posting: $1.54 Sentiment: Buy Disclosure: Held
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Last 13.0¢		Change -0.010(7.14%)		Mkt cap ! $63.56M

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General Discussion Banter GLN, page-9313

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

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General Discussion Banter GLN, page-9313

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News