Galan Lithium Limited (ASX: GLN) received the initial permits from the Catamarca Ministro - Ministerio de Mineria (Mines Department Minister) on 23 June 2023 for the Phase 1 development of their Hombre Muerto West lithium brine project. These permits enable Galan to proceed with pre-construction activities, including setting up a new camp, removing topsoil, and conducting preliminary testing to ensure the quality of the ground.
Completing these activities will pave the way for the accelerated construction of Phase 1 ponds. Recent updates reveal that topsoil removal for pond construction has already begun, and the permit covers all the necessary earthworks for ground pond testing. Complete construction permits are expected to be obtained, and Phase 1 pond construction is projected to commence in the third quarter of the calendar year 2023.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.