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

Matthew Gordon,
Ptolemy Capital

8 Months ago

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.

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