Crazy Flux
  • Business
  • World
  • Stocks
  • Investing
  • Business
  • World
  • Stocks
  • Investing

Crazy Flux

Investing

Galan Declines AU$240M Bid for Argentina Projects

by admin April 4, 2025
April 4, 2025
Galan Declines AU$240M Bid for Argentina Projects

Galan Lithium (ASX:GLN) has rejected a US$150 million (AU$240 million) cash bid from China’s Zhejiang Huayou Cobalt Co and France’s Renault Group to acquire its Hombre Muerto West and Candelas lithium brine projects in Argentina, The West Australian reports.

Described as unsolicited, conditional, and non-binding, the offer from battery materials giant Zhejiang Huayou and EV manufacturer Renault was deemed “opportunistic” and “undervalued,” the report noted.

Galan and its advisors refused the offer, asserting confidence in the long-term value of its flagship Hombre Muerto West project, which is nearing production of 5,400 tonnes per annum (tpa) of lithium carbonate equivalent. They believe the project holds greater potential to deliver superior returns for shareholders.

Read the full study here.

Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation

This post appeared first on investingnews.com

previous post
Global scam industry evolving at ‘unprecedented scale’ despite recent crackdown
next post
Altech Batteries LtdCERENERGY at Hannover International Industrial Fair

Related Posts

Greenvale Energy: Strategic Exploration of Prospective Uranium Assets...

May 28, 2025

Missouri Set to Recognize Gold and Silver as...

May 13, 2025

Peter Goodburn: Silver “Very Undervalued” vs. Gold —...

May 22, 2025

Crypto Market Recap: Bitcoin Holds Above US$90,000, Strategy...

April 29, 2025

Apple, MP Materials Ink US$500 Million Deal to...

July 17, 2025

RETRANSMISSION: LaFleur Minerals to Restart Gold Milling at...

March 4, 2025

Stallion Uranium Refines Coyote Target with Highly Conductive...

July 22, 2025

Alvo Minerals to Acquire Pan American’s Lavra Velha...

April 1, 2025

Top 5 Canadian Mining Stocks This Week: Foremost...

May 17, 2025

5 Best-performing Canadian Oil and Gas Stocks of...

July 24, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • The Real Drivers of This Market: AI, Semis & Robotics

      August 6, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      August 6, 2025
    • SAGA Metals Confirms a 3 km Continuous Magnetic Anomaly in the Trapper Zone at the 100% Owned Radar Titanium Property in Labrador, Canada & Provides Corporate Update

      August 6, 2025
    • NextSource Materials Executes Binding Offtake Agreement with Mitsubishi Chemical Corporation to Supply SuperFlake Graphite Anode Material for the North American EV Market

      August 6, 2025
    • Asra Minerals

      August 6, 2025
    • The Gold Standard: Facts and History

      August 6, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: crazyflux.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 crazyflux.com | All Rights Reserved