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Galan Lithium Limited (GLN) investor relations material
Galan Lithium Limited H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Focused on lithium exploration and development, with flagship Hombre Muerto West (HMW) project in Argentina and additional assets in Australia and Canada.
HMW Phase 1 targets 4ktpa LCE production over 40 years, with first production expected in H1 2026.
Secured offtake and funding agreements with Authium and Clean Elements Fund to support project execution.
ESG initiatives advanced, including environmental audits, community engagement, and diversity targets.
Financial highlights
Net loss after tax: $9.31 million (2024: $9.51 million).
Cash and cash equivalents: $4.45 million at year-end (2024: $4.33 million).
Exploration expenditure: $52.94 million (2024: $50.10 million), all on lithium brine and Greenbushes South projects.
Net administration and employee expenses: $4.17 million (2024: $3.75 million).
Basic and diluted loss per share: (1.27) cents (2024: (2.52) cents).
Outlook and guidance
HMW Phase 1 construction funded and on track for first production in H1 2026.
Candelas project resource increased by 150% to 1.6 Mt LCE, providing future development optionality.
Ongoing exploration at Greenbushes South and Canadian JV projects.
Directors continue to pursue growth through exploration, acquisition, and JV opportunities.
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