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Galan Lithium Limited (GLN) investor relations material
Galan Lithium Limited Noosa Mining Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market and Industry Trends
Lithium demand is surging, driven by electric vehicles, stationary batteries, and AI-related energy needs, with supply lagging behind and supporting a strong price outlook.
Lithium carbonate prices are implied to need to stay above $15,000/ton for recent transactions.
Global lithium demand is forecast to triple or quadruple from 2025 to 2030, underpinned by EV and battery storage adoption.
Project Status, Milestones, and Development Timeline
Fully permitted for current and expansion phases, with significant construction progress and key regulatory approvals in Argentina.
Achieved RIGI permit for physical stability, positioning the project similarly to established Australian mining operations.
Phase 1 and Phase 2 definitive feasibility studies are complete, with all major permits and approvals secured.
First production is targeted for H1 2026, with a nano-filtration plant to lower costs and improve product quality.
Discovery and resource establishment occurred between 2019 and 2025, with construction and inventory build-up ongoing through 2025.
Strategic and Competitive Advantages
Brine asset offers lowest operating costs in the industry, leveraging natural evaporation and filtration, and is in the lowest quartile of the global cost curve.
Product grade is highly competitive, with lithium chloride concentrate equivalent to 12.9% lithium oxide.
Lithium chloride output aligns with dominant LFP battery chemistry, especially in China.
Argentina provides a supportive fiscal regime, including 30-year fiscal stability and tax incentives.
Strategic location and resource scale enhance value and resilience, even in challenging price environments.
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