16
Nov
16:34
Galan signs lithium offtake, financing deal with Glencore
Australia-listed Galan Lithium said Thursday it has inked an agreement with a Glencore subsidiary for the supply of lithium chloride concentrate from its Hombre Muerto West (HMW) project in Argentina.
The five-year supply deal is expected to start in the first half of 2025, with Phase 1 commercial production. The binding agreement does not require Glencore to have an export licence and the company will accept the lithium chloride to be toll-treated into lithium ca…
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