Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Steel Billet Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Galan Lithium Slows Construction at Argentina's HMW Project

Galan Lithium Slows Construction at Argentina's HMW Project

Jul 22, 2024 13:57

Source:SMM

On 12 July, Galan Lithium announced an update on its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina, slowing construction to preserve cash amid current market conditions.

On 12 July, Galan Lithium announced an update on its Hombre Muerto West (HMW) Phase 1 lithium brine project in Argentina, slowing construction to preserve cash amid current market conditions. The overall project, now 40% complete, is expected to begin production in the second half of 2025.

The current evaporation area, spanning 750,000m², can produce approximately 3,000 tonnes of LCE annually. Lithium inventories in the HMW Phase 1 ponds have reached 2,800 tonnes of LCE.

The HMW project development is divided into four phases, targeting increasing production capacities: 5,400 tonnes of LCE per year by H2 2025, 21,000 tonnes by 2026, 40,000 tonnes by 2028, and 60,000 tonnes by 2030. The final phase will also incorporate lithium brine from Galan’s Candelas project adjacent to the east side of Arcadium's assets.

Author: Hongqiu Su | Battery Metals Analyst Associate | London Office, Shanghai Metals Market
Email: lilysu@smm.cn

Market review

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Aluminum ingots and billets weekly outflows from warehouses from major domestic consumption areas on February 5, 2024 (Jan 29-Feb 4)

According to SMM statistics, last week, aluminum ingot outflows from warehouses were 85,500 mt, down 18,900 mt.

time

Feb 5, 2024 16:33

SMM daily comment on rebar market (Aug 16)

Rebar futures market closed up 1.31% at 3,713 yuan/mt.

time

Aug 17, 2023 15:09

SMM daily comment on rebar market (Aug 16)

Summary of SMM Nickel Morning Meeting on July 31, 2023

SHFE 2308 nickel contract opened at 169,210 yuan/mt at the night session on July 28, and closed at 171,910 yuan/mt, down 1,730 yuan/mt.

time

Jul 31, 2023 10:29

Summary of SMM Nickel Morning Meeting on July 31, 2023

Summary of SMM Lead Morning Meeting on July 28, 2023

On Thursday, LME lead opened at $2147/mt, hit a session low of $2146.5/mt at the beginning and then shook up to $2175/mt, and finally closed at $2156.5/mt, up $11.5/mt, or 0.54%.

time

Jul 28, 2023 09:49

Summary of SMM Lead Morning Meeting on July 28, 2023

[SMM Copper Morning Comments] US Q2 GDP Exceeded Expectations and Overnight Copper Rose

LME copper prices closed at $8,551/mt last evening, down 0.62%. Trading volume was 16,000 lots and open interest stood at 275,000 lots. The most active SHFE 2309 copper contract finished at 68,900 yuan/mt overnight, down 0.39%. Trading volume was 35,000 lots, and open interest stood at 184,000 lots.

time

Jul 28, 2023 10:11

[SMM Copper Morning Comments] US Q2 GDP Exceeded Expectations and Overnight Copper Rose

SMM Exclusive: China Copper Cathode Market Research

Copper, as one of the bulk strategic materials, is an irreplaceable and important raw material in the national economy, having both commodity and financial attributes. China is the world's largest producer and consumer of copper semis. The application fields of copper semis continue to expand and the level of localisation continues to improve. The national 14th Five-Year Plan and high-quality development have put forward clear development directions and goals for copper-related industries. SMM analyses the future trend and main application fields of copper in China based on the current market supply and demand of copper in China and current policies.

time

Jul 27, 2023 13:24

Industry SMM Comments

SMM Exclusive: China Copper Cathode Market Research

Antofagasta TCs Negotiations with South Korean LS-MnM Smelter Focus on Supply And Demand Balance of Global Copper Concentrate in Next Two Years, Negotiations with China Smelters Begin

Antofagasta completed negotiations on TCs under long-term contracts between July 2023 and June 2024 with South Korean LS-MnM smelter last week, which focused mainly on the supply and demand balance of global copper concentrate in the next two years.

time

Jun 15, 2023 11:40

Antofagasta TCs Negotiations with South Korean LS-MnM Smelter Focus on Supply And Demand Balance of Global Copper Concentrate in Next Two Years, Negotiations with China Smelters Begin

SMM Morning Comments (Jun 15): Base Metals Closed With Gains Given That The Fed Kept Interest Rates Unchanged

SHANGHAI, Jun 15 (SMM) – LME and SHFE base metals closed with gains overnight

time

Jun 15, 2023 09:12

SMM Comments Industry

SMM Morning Comments (Jun 15): Base Metals Closed With Gains Given That The Fed Kept Interest Rates Unchanged

Indian Technology Giant Tata Group Will Build A Huge Lithium Battery Super Factory In India

According to the website of the government of Gujarat, India, the Indian technology giant Tata Group signed an agreement with the government of Gujarat to build India's first lithium-ion battery factory.

time

Jun 7, 2023 11:00

Indian Technology Giant Tata Group Will Build A Huge Lithium Battery Super Factory In India

Demand For Cables In The Domestic Photovoltaic And Wind Power Industries Grew Considerably

The copper prices rebounded last week, and downstream orders slowed down compared with the previous week. According to SMM survey, after the copper price fell in May, cable companies actively scheduled production, especially the operating rate of large cable companies remained high.

time

Jun 6, 2023 11:34

Industry SMM Insight

Demand For Cables In The Domestic Photovoltaic And Wind Power Industries Grew Considerably

SMM Events & Webinars

May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
22
- 2025 SMM 3rd Wire & Cable Conference & Expo
  May 22 - 23,2025
  Suzhou, Jiangsu, China
Jun
03
- Indonesia Critical Minerals Conference & Expo 2025
  Jun 03 - 05,2025
  Indonesia, with its unique natural resource reserves, has attracted widespread attention from companies worldwide.
  JAKARTA, INDONESIA · Pullman Jakarta Central Park

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4.China Lithium Market Dynamics and Lithium Procurement Study

5.Project Case - New Energy -Market Study

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.