Galan Lithium


Primary ticker: ASX:GLN
Stage of development: Exploration, Development
Primary mineral: Lithium
Projects to promote: Hombre Muerto Project, Greenbushes South JV
Project locations: Argentina, Australia

Galan Lithium Limited (ASX: GLN) is a lithium exploration and development company with two flagship projects located on the Hombre Muerto salar in Argentina, within South America’s ‘lithium triangle’. The company released the Phase 1 Definitive Feasibility Study for its Hombre Muerto West (HMW) Project in July and announced the results of the Phase 2 DFS in October this year. The Phase 2 DFS has increased the overall annual production rate to 20, 851 recoverable tonnes LCE, contained in a concentrated lithium chloride product for a period of 40 years. HMW is proven to host lithium brine deposition of the highest grade and lowest impurity levels within Argentina. Galan is also exploring at Greenbushes South in Western Australia, approximately 3km South of the Tier 1 Greenbushes Lithium Mine. 


Cash: AUD44m

Debt: NIL

Major Shareholders:

Top 20 Shareholders – 52%

Directors & Management – 13%

Map of Projects

Management Profile

JP Vargas de la Vega
A Chilean/Australian mineral industry professional with 15 years’ broad experience in ASX listed mining companies, stockbroking and private equity firms. JP has been a specialist lithium analyst in Australia, has also operated a private copper business in Chile and has worked for BHP, Rio Tinto and Codelco. Founder of Blue Sky Lithium, vendor of the Argentinian assets.

What is your rationale for taking part 121 Mining Investment?

At the 121 Mining event we are looking to engage with institutional investors, HNW and private investors to promote our story.

What recent news would you like to highlight to investors attending?

4 Oct 2023 – Key Canadian Lithium Project Acquisitions

3 Oct 2023 – Phase 2 DFS Confirms Tier One Status of HMW Project

28 Aug 2023 – Outstanding Pump Test Results & Successful Catalina Drilling

21 Aug 2023 – HMW Full Phase 1 Construction Commences

8 Aug 2023 – Full HMW Phase 1 Construction Permits Granted

28 Jul 2023 – Galan Acquires Catalina Title in Catamarca & Salta Province

24 Jul 2023 – Successful Delivery of HMW Premium Quality 6% Li Concentrate

3 Jul 2023 – Phase 1 HMW DFS Delivers Compelling Economic Results

What do you think makes your company such a compelling investment?

Future funding and the lithium market pose some risk. There is also a country risk but we are very well positioned to mitigate these risks.

What are the top 3 key investor takeaways?

– Right project & people 
– Grade is king
– Funded to complete feasibility studies