Galan Lithium Boosts LCE Resources, Candelas Project Sees Significant Increase

Australian lithium producer Galan Lithium has increased its estimated lithium carbonate equivalent (LCE) resources by 10pc, now totaling 9.5mn t. This increase stems primarily from a substantial rise in the Candelas Project’s estimated resources in Argentina.

Specifically, the mineral resources estimate for Galan’s Candelas project surged by over 150pc, reaching 1.6mn t LCE. Conversely, the estimate for its Hombre Muerto West (HMW) project remained stable at 7.9mn t LCE, as reported by the firm on January 29th.

Candelas, situated approximately 40km southeast of the HMW project, presents potential cost synergies. It forms an integral part of Galan’s Phase 4 production plan, targeting 60,000t LCE/yr.

“Our resources are focused on finalizing the Phase 1 financing and offtake process, followed by completion of the Phase 1 construction and operations at HMW,” stated managing director Juan Pablo (JP) Vargas de la Vega.

Notably, the company secured a permit for Phase 2 of its HMW mining project in January 2025. SuperMetalPrice notes the strategic importance of these resource increases for the global lithium market.