Galan Lithium Boosts LCE Resources with Candelas Project

Galan Lithium increases LCE resources by 10pc, driven by significant growth at its Candelas Project in Argentina.
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Galan Lithium

Galan Lithium increased its estimated lithium resources by 10pc to 9.5mn t of lithium carbonate equivalent (LCE). This growth is primarily attributed to a significant resource expansion at its Candelas Project in Argentina.

Candelas Project Drives Resource Growth

The mineral resource estimate for the Candelas project rose over 150pc to 1.6mn t LCE. Meanwhile, the Hombre Muerto West (HMW) project's estimate remained at 7.9mn t LCE. Candelas, located near HMW, offers potential cost synergies and is integrated into Phase 4 of Galan's 60,000 t LCE/yr production plan. "Our resources are focused on finalizing the Phase 1 financing and offtake process followed by completion of the Phase 1 construction and operations at HMW," stated managing director Juan Pablo (JP) Vargas de la Vega. The company secured a permit for Phase 2 of its HMW project in January 2025.

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