Quarterly Activities and Cashflow Report
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| Stock | Galan Lithium Ltd (GLN.ASX) |
|---|---|
| Release Time | 31 Jul 2026, 8:32 a.m. |
| Price Sensitive | Yes |
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Galan Lithium Ltd: Successful Commissioning and Production Ramp-Up
Key Points
- Successful commissioning of HMW plant with first processed lithium chloride produced
- Inventory of 10,000 t LCE brine ready for sustained production ramp-up
- Expansion of Phase 1 production capacity to 5.2 ktpa LCE planned for H1 2027
- Strong cash position of A$35.5 million with no debt
Full Summary
Galan Lithium Ltd has successfully completed the commissioning of its Hombre Muerto West (HMW) plant, achieving the production of first processed lithium chloride. The company is now in the ramp-up phase, aiming to stabilize production at an annualized rate of 4 ktpa LCE. With a brine inventory of approximately 10,000 t LCE, Galan is well-positioned for sustained production. The expansion of Phase 1 production capacity to 5.2 ktpa LCE is planned for the first half of 2027. The company maintains a strong cash position of A$35.5 million with no debt.
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