Galan Lithium Limited (GLN.AX)
Galan Lithium Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.36, up 7.46% on the session, giving a market capitalisation of $456.0M. Its beta of 0.89 implies it has historically moved less than the broad market.
Galan Lithium Limited is an Australian-based company specializing in the acquisition, exploration, evaluation, and development of mineral projects, with a primary emphasis on lithium deposits. The company boasts full ownership (100%) of two significant projects in Argentina's Catamarca province: the Hombre Muerto West project, encompassing seven concessions across approximately 11,600 hectares, and the Candelas project, which covers 24,072 hectares through fourteen distinct exploration permits. Furthermore, Galan Lithium holds an 80% interest in the Greenbushes South lithium project, a substantial land package of around 353 square kilometers situated directly south of the renowned Greenbushes mine. Originally incorporated in 2011 as Dempsey Minerals Limited, the company adopted its current name, Galan Lithium Limited, in August 2018. Its corporate headquarters are located in West Perth, Australia.
Galan Lithium Limited is most often compared with the following Basic Materials names: