Ebene Magazine – Galan is expanding its brine portfolio with Hard Rock Greenbushes

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Ebene Magazine - Galan is expanding its brine portfolio with Hard Rock Greenbushes

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Galan Lithium is now on ground near Greenbushes, WA

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Galan will issue 1.2 million shares in Lithium Australia and fund all work pending the completion of a feasibility study for an 80% interest.

Galan now has nearly 400 square kilometers of land in the general area with approximately 90% of the Cultivation area of ​​the new joint venture.

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OceanaGold is committed to zero emissions by 2050

Pantoro storms towards the second gold mine

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Galan said it « continues to have a strong focus on advancing our world-class lithium project (Hombre Muerto West) in Catamarca, Argentina ».

According to Galan, Hombre Muerto has a proven record of the highest and lowest contamination levels in Argentina and is home to Livent Corporation’s El Fenix ​​operations, Galaxy Resources and POSCO’s Sal de Vida projects.

Last month, Galan reported scoping numbers for a development at Hombre Muerto West with an initial capital cost of $ 439 million $ 100 million (including $ 100 million in contingent liabilities) and a present value of $ 1 billion.

In terms of current funding, Galan raised A $ 3 million in October by issuing new shares at a price of 13 cents each .

Galan’s shares were trading 8% to 41 cents by early afternoon, equivalent to a capital of $ 85 million.

The stock flew in November when it « Schlü sselprojekte « at HMW and announced a » huge « increase in the resource.

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OceanaGold is committed to zero emissions by 2050

Pantoro storms towards the second gold mine

Junior ready to continue the search for more of the Wattle Dam’s riches

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Spoiler bid slows Bald Hill sale

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The longstanding cardinal war should finally come to an end

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Trek gets more Pilbara soil

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Ref: https://www.miningnews.net

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