Galan signed a significant commercial agreement with the Catamarca government

Galan Lithium Limited (ASX: GLN) announced that it has entered into a commercial agreement with the Catamarca Governor. This agreement will support the grant of permits for the commercialization of lithium chloride concentrate from the Hombre Muerto West lithium brine project. These permits allow Galan to sell or export lithium chloride concentrate, although they will try to sell it locally first. After four years, Galan will explore downstream processing routes, such as lithium carbonate, hydroxide, or alternative options, further outside the Hombre Muerto salar.

The HMW Project is a Tier One project that will produce a low-cost premium high-grade lithium chloride concentrate of 6% Li, comparable to 13% Li2O or 32% Lithium Carbonate Equivalent, and remains on track for first production in H1 2025.

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