Overview
| Stage | Permitting |
| Mine Type | In-Situ |
| Commodities |
|
| Mining Method |
|
| Mine Life | 40 years (as of Jan 1, 2020) |
November 1, 2021 - Galan Lithium Limited (ASX:GLN) has received the essential government permits from the Ministra – Ministerio de Mineria (Mine Minister) in Catamarca to build its Stage 1 pilot plant and new camp accommodation at its flagship Hombre Muerto West (HMW) lithium brine project located in the Hombre Muerto West salt flat in the South American Lithium Triangle. These permits were critical path items for the robustness of the HMW feasibility study and the pace at which it now moves forward. |
Source:
p. 1
Contractors
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Deposit Type
- Brine
- Evaporite
- Sediment-hosted
Summary:
The salar hosts a world-renowned lithium brine deposit. The lithium is sourced locally from weathered and altered felsic ignimbrites and is concentrated in brines hosted within basin fill alluvial sediments and evaporites.
The extents of the resource are approximately 2.75 km (easting) by 7.750 km (northing) by 1.2 m (vertical), giving a total volume of interest of ~25.5 km3.
Downhole geophysics and depthspecific data (i.e. specific yield and brine chemistry) were used to estimate the resource. Priority was given to 72 hour airlift samples.
Grades are relatively uniform with depth and lateral extent.
Summary:
The brine extraction will be conducted through seven production wells. The raw brine will be pumped directly to the first pond of the evaporation ponds system. The total average raw brine flow required to feed the evaporation ponds system is 203 l/s.
Flow Sheet:
Summary:
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Projected Production:
| Commodity | Product | Units | Avg. Annual | LOM |
|
LCE
|
Crystals
|
kt
| | 800 |
|
Lithium
|
Carbonate
|
t
| ...... | |
Reserves at November 17, 2020:
| Category | Tonnage | Commodity | Grade | Contained Metal |
|
Indicated
|
450 M cu.m
|
Lithium
|
946 mg/L
|
426 kt
|
|
Indicated
|
450 M cu.m
|
LCE
|
|
2,267 kt
|
|
Indicated
|
450 M cu.m
|
Potassium
|
8725 mg/L
|
3,931 kt
|
|
Indicated
|
450 M cu.m
|
KCl
|
|
7,496 kt
|
Commodity Production Costs:
| | Commodity | Units | Average |
|
Cash costs
|
Li2CO3
|
USD
|
...... &nbs
|
|
Assumed price
|
Li2CO3
|
USD
|
...... &nbs
|
* According to 2020 study / presentation.
2020 Study Costs and Valuation Metrics :
| Metrics | Units | LOM Total |
|
Initial CapEx
|
$M USD
|
......
|
|
Sustaining CapEx
|
$M USD
|
......
|
|
Pre-tax NPV @ 8%
|
$M USD
|
......
|
|
After-tax NPV @ 8%
|
$M USD
|
......
|
|
Pre-tax IRR, %
|
|
......
|
|
After-tax IRR, %
|
|
......
|
|
Pre-tax payback period, years
|
|
......
|
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Mine Management:
| Job Title | Name | Phone | Profile | Ref. Date |
|
.......................
|
.......................
|
.......................
|
|
Dec 6, 2021
|
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