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Galan Lithium Limited (ASX:GLN)

ALERT: Price-sensitive ASX Announcement for GLN
Current share price for GLN : $0.285 -0.045 (-13.64%)+
Announcement
Release
16 Feb 2026 8:14AM
Price at Release
$0.330
Full Release
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Summary
Galan Lithium Limited has provided an update on the construction progress of its Hombre Muerto West (HMW) Phase 1 project in Catamarca Province, Argentina. The company announced the successful delivery and ongoing assembly of a nanofiltration plant, which is crucial for the brine processing as part of the Phase 1 production process. The construction is approximately 85% complete, with expectations to produce the first processed brine by early Q2 2026 and the first lithium chloride concentrate within the first half of 2026. Additionally, the construction of sylvinite ponds, necessary for the accelerated evaporation of processed brine, has been completed. Galan acknowledges the collaborative efforts with Authium Limited and anticipates completing the assembly and commissioning of the nanofiltration plant in the coming weeks.
Key Points
  • Nanofiltration plant delivered and assembly commenced at HMW site.
  • Phase 1 construction approximately 85% complete.
  • First processed brine expected by early Q2 2026.
  • First lithium chloride concentrate targeted in H1 2026.
  • Sylvinite ponds construction completed for Phase 1 operations.
  • Collaborative efforts with Authium Limited acknowledged.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.