GLN galan lithium limited

Lithium Argentina reports fourth quarter and full year 2024...

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    Lithium Argentina reports fourth quarter and full year 2024 results
    https://editorialrn.com.ar/lithium-argentina-reporta-resultados-del-cuarto-trimestre-y-del-ano-completo-2024/

    Key takeaways:

    Supported by Ganfeng’s access to low-cost capital, we secured longer-term debt facilities with international banks at competitive rates with extended maturities.

    A key priority is the integration of new processing technologies developed by Ganfeng, including a solvent extraction DLE process that leverages our higher-quality brine resources and the solar evaporation process. We plan to integrate this technology using our Stage 1 facilities and a 5,000 tpa commercial-scale demonstration plant, which is expected to begin commissioning later this year.

    cash operating costs2 of $7,130 per tonne of lithium carbonate
    average realized price3 of approximately $7,800 per ton of lithium carbonate


    The low sales prices can actually only be explained by the product quality - obviously technical grade
    The operating cost2 means "CIF Buenos Aires harbour"
 
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