GLN galan lithium limited
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News: GLN Galan Lithium Entered Into Offtake Prepayment MoU With Chengdu Chemphys Chemical Industry

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    27/08/24
    11:40
    Post #: 75392355

    Aug 27 (Reuters) - Galan Lithium Ltd (GLN) :

    • ENTERED INTO OFFTAKE PREPAYMENT MOU WITH CHENGDU CHEMPHYS CHEMICAL INDUSTRY
    • UNDER MOU, CHEMPHYS TO PURCHASE TOTAL OF 23,000 TONNES LCE OVER FIRST 5 YEARS OF PHASE 1 PRODUCTION FROM HOMBRE MUERTO WEST PROJECT
    • CHEMPHYS TO ALSO PROVIDE CO WITH US$40 MILLION OFFTAKE PREPAYMENT FACILITY TO FACILITATE CONTINUED DEVELOPMENT OF PHASE 1 OF HMW PROJECT

    (([email protected];))

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