GLN 3.13% 15.5¢ galan lithium limited

General Discussion Banter GLN, page-14620

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    Despite the considerable state influence in Chile, investment interest appears to be strong.


    https://www.mining.com/web/chile-to-define-lithium-contracts-by-june-mining-minister-says/

    ...in April a new public-private model to attract capital while keeping the best deposits under the control of state-owned Codelco.


    Interested parties are keen to know which salt flats will be offered for exploration and which areas will be protected. In areas deemed strategically important, private-sector partners will be offered a minority stake, while in areas of lesser importance they may have control.

    Those questions are expected to be answered by the end of next month, with contracts defined by the end of June, said Williams. She spoke ahead of a trip to attend the PDAC mining convention in Toronto early next month, where authorities will hold meetings with prospective investors.

    Have a nice evening
    Smith71
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