Advancing our Hombre Muerto Projects to production in 2025

Hombre Muerto West (HMW)
  • Galan’s HMW Project is one of the most economically viable lithium projects in the world. with the production cost on the low-end of all comparable projects
  • In May 2023, the HMW Mineral Resource estimate increased to 6.58Mt contained LCE @ 880 mg/l Li/li>
  • A ~16km by 1-5km region on the west coast of Hombre Muerto salar neighbouring Livent Corp to the east
  • On track to produce premium lithium concentrate in the first half of 2025
  • Currently comprised of seven concessions – Pata Pila, Rana de Sal, Deceo III, Del Condor, Pucara, Catalina and Santa Barbara.
  • Geophysics and drilling at HMW demonstrated significant potential of a deep basin
  • A ~15km long by 3-5km wide valley filled channel
  • Project geophysics and drilling have indicated the potential to host a substantial volume of brine
  • Maiden Mineral Resource estimate delivered 685kt of contained LCE @ 672 mg/l Li (October 2019).
  • Potential to provide a substantial amount of processing water by treating its low-grade brines with reverse osmosis, without using surface river water from the Los Patos River
Greenbushes South
  • 100% Galan-owned tenement package in WA, just south of Bunbury and 250 km south of Perth, covering a total area of approximately 315 km2.
  • Extended maiden drilling campaign completed in September 2023 with 8 diamond drill holes completed for 3,885m
  • Pegmatite exploration model validated, with several active targets identified.
  • Tenements are strategically located along the trace of the Donnybrook-Bridgetown Shear Zone, which hosts the emplacement of the lithium-bearing pegmatite at the Greenbushes Mine (Talison Lithium Pty Ltd-Tianqi Lithium Corporation/IGO Limited (51%) and Albermarle Corporation (49%)).