Skip to main content
27/08/2024 - 15:23

Galan sets up funding, offtake option for Argentina lithium

27/08/2024 - 15:23

Bookmark

Save articles for future reference.

Galan Lithium has signed a memorandum of understanding with China-based Chengdu Chemphys Chemical Industry Co., paving the way for a US$40 million funding and offtake package at its Hombre Muerto West lithium brine project in Argentina. The package, subject to due diligence, will be in exchange for a five-year purchase agreement for Galan to deliver a total of 23,000 tonnes of lithium carbonate equivalent material.

X