GLN 1.92% 13.3¢ galan lithium limited

General Discussion Banter GLN, page-14842

  1. 368 Posts.
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    "The point is, he can’t see the local government agreeing to large amounts of brine (containing only 6% Li content) being exported overseas when permits have been granted to other larger and longer term operators on the basis of a) protecting water use and b) doing value-add in country."

    according to GLN the value in licl brine is roughly 70% of the lce price so lots of value is already being added by just getting to the 6% brine level. Also there seems to be lot of water saving going the 6% brine route. Perhaps where it Is converted in carbonate there could be more water available?

 
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