Galan’s Hombre Muerto West Project is on Track for Lithium Production in 2025
The Galan’s Hombre Muerto West project is set to become one of the world’s biggest lithium-ion battery supply sites as it progresses on its track to start production in 2025. Located in salt and brine lake deposits in the north-western part of Argentina, the project is expected to have considerable impacts on the lithium landscape of the world in years to come.
The project is a joint venture between the international mining company Bacanora Minerals and Ganfeng Lithium which is based in China. Both mining groups have heavily invested in the project and have agreed to invest over $500 million into the Hombre Muerto West project in order to capitalise on the region’s vast resources.
The process of exploiting the resources of Hombre Muerto West involves a well-established brine extraction method using pumps that extract the brine from the depths of the evaporative brine lake and inject it in ponds on the surface. The pumped brine is then evaporated, producing lithium carbonate, which is then further processed into lithium hydroxide, the end product necessary for the battery industry.
The planned output of the project is expected to be 15,000 tons of lithium hydroxide per year by 2025, and potential to expand up to a capacity of 40,000 tons per year is not entirely ruled out. Additionally, the geographical advantage of the project, combined with the climate and favourable environment have considerably lowered the cost of extraction which makes the production highly profitable.
Both Bacanora Minerals and Ganfeng Lithium plan to take Institutional and governmental approval for the Hombre Muerto West project before commencing operations. And completion of the project is slated to take up to 4 years with production scheduled to start by 2025.
The Hombre Muerto West project is one of many projects that have seen extensive investments from mining companies due to the growing demand for lithium and other battery-related products. The project is expected to have a significant impact on lithium production in the near future, and its success will certainly pave the way for other similar ventures.
“Galan’s Hombre Muerto: Racing Toward Lithium Abundance in 2025!
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