Company Interviews

Galan Lithium (GLN) - Financed for Scoping Study in Argentina


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Galan Lithium is a lithium junior mining company. It is an Australian-based mineral explorer that is developing high-grade lithium brine projects. These projects are situated in the prospective lithium triangle region of Argentina, South America.

Everyone knows that lithium has had a torrid time of things as of late, with depressed prices and a lack of capital for new projects leading investors to place their attention elsewhere. However, the long-term macro story remains convincing, and lofty demand forecasts, courtesy of the EV revolution, emphasise the deficit between lithium supply and demand. Galan Lithium's share price has suffered as a consequence.

How does Galan Lithium plan to insert itself into the lithium supply chain? There are many more advanced lithium players that are struggling to raise capital right now, so why should investors care about Galan Lithium? Having raised $1.6M recently, and with Ganfeng Lithium involved invested into this story, there is clearly some degree of interest from the market, but what can Galan Lithium do to set itself up for growth come the start of the next lithium cycle?

Company Page: https://galanlithium.com.au/

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