GLN 0.00% 14.5¢ galan lithium limited

Ann: HMW Project Update, page-56

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    "progress at the 100% owned Hombre Muerto West Phase 1 lithium brine project"

    "lithium inventories continue to build in the ponds"

    "completion of the project now sits at approximately 40% with the ponds system at 60% capacity"

    "ponds system can allow an inventory, until H2 2025, of up to 10,000 tonnes per annum of lithium carbonate equivalent"

    "750,000 square metres of evaporation area has now been built, currently housing 2,800 tonnes of lithium carbonate equivalent contained inventory"

    "current evaporation area sufficient to produce a lithium chloride volume of approximately 3,000 tonnes per annum of lithium carbonate equivalent"

    "first production from Hombre Muerto is expected to be within H2 2025"

    https://mining.beehiiv.com/p/jims-mining-letter-july-13-2024

    Worth reading
 
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