10
Dec
14:12
LITHIUM: Galan Lithium issues updated PEA on Argentina project
Due to increasing lithium prices globally, Australia-based Galan Lithium is releasing an updated preliminary economic assessment for its Hombre Muerto West (HMW) lithium project in Argentina, Kallanish reports.
The pre-tax net present value has doubled to nearly $2.2 billion and the internal rate of return is 37.5% with a 2.75-year payback period, reduced from the initial 4.3 years in the 2020 PEA. The study relies on an average real lithium price assumption from …
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