Long Shortz with Galan Lithium: Eyeing 2025 production with key deals and funding
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Stockhead’s Sarah Hughan sits down with Galan Lithium’s (ASX:GLN) managing director JP Vargas de la Vega to get the short end of the long story on the company’s latest news.
Galan Lithium has secured a memorandum of understanding (MoU) for offtake with Chinese-based Chemphys, despite receiving interest from other parties.
“We say yes to Chemphys, but no to many others – There’s strong interest especially from converters, especially from China,” Vargas de la Vega said.
In addition, the company has completed a $25 million capital raise, positioning it to meet its planned production targets for 2025.
Tune in to hear Vargas de la Vega discuss the MoU, the competitive interest in Galan’s offerings, and the details of the recent capital raise.
This video was developed in collaboration with Galan Lithium, a Stockhead advertiser at the time of publishing.
The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
