Galan Lithium (ASX: GLN) Secures Funding for Hombre Muerto West Project

Wed 16 Apr 25, 12:39 AM | Team Kalkine

Image source: Shutterstock

Highlights

Galan signs binding agreements with Authium for HMW Phase 1 funding and offtake

Authium partnership reduces capital costs by $41.5 million for HMW Phase 1

Galan plans lithium chloride concentrate production by H1 2026

Galan Lithium Limited (ASX: GLN) has secured a binding funding package to support the completion of construction activities at its Hombre Muerto West (HMW) lithium project in Argentina. The company has signed definitive agreements with Authium, which includes a lithium chloride concentrate offtake agreement and an operating agreement for processing technology at HMW.

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