Completion of earthworks and the installation of liners for Pond 1 represents a significant milestone for the Galan’s HMW Phase 1 construction team. Pic via Getty Images
Mining
Special Report: With Pond 1 earthworks and liner installation now complete, Galan Lithium is moving ahead with evaporation activities which represent the first step in the company’s long-term production schedule.
Galan Lithium (ASX:GLN) continues to make steady progress in advancing the Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina, with a premium lithium chloride production expected in the first half of 2025.
Pond 1 earth and liner installation has wrapped up with filling of the remainder of Pond 1 currently under way.
The evaporation process has kicked off as Pond 2 earthworks construction continues to progress at the 65% completion mark.
So far, nine production wells have been constructed offering operational flexibility with liner installations to begin next week at Pond 2.
“The completion of earthworks and the installation of liners for Pond 1 represents a significant milestone for the HMW Phase 1 construction team,” GLN managing director Juan Pablo (JP) Vargas de la Vega says.
“Evaporation has now begun which is the first step of the company’s long-term production schedule for its low-cost, low-risk lithium chloride development strategy.”
GLN’s brine field is in the same area as the HMW ponds system.
The well field for phases 1 and 2 are exclusively located in the Rana de Sal, Del Condor, Deceo III, Pata Pila, Casa del Inca III & IV, and Santa Barbara XXIV mining tenements.
HMW also has several tenements (including Catalina) with potential to further increase the quantity and quality of the brine resources, which may result in additional production.
This article was developed in collaboration with Galan Lithium, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
