As part of its strategy to become a preferred supplier, Galan Lithium (ASX: GLN) will be devising a blue-print to provide full lithium traceability and environmental social and governance (ESG) tracking for lithium carbonate products produced from its assets in Argentina’s lithium triangle.
To help develop the blue-print, Galan has appointed sustainable supply chain traceability provider Circulor.
Headquartered in the UK-Circulor provides its solutions to businesses globally including Australia, Germany, and Singapore.
Circulor’s technology includes an enterprise software platform and enables businesses to fully analyse, track and manage their supply chains to support responsible sourcing and boost sustainability.
Preferred lithium supplier
The Circulor technology will be implemented during the feasibility study at its Hombre Muerto West lithium brine project to track samples from the pilot lithium carbonate plant through to a marketable product.
Circulor’s technology will be used to measure carbon dioxide intensity, water usage and energy mix.
Galan anticipates this will enable it to demonstrate sustainability and compliance and meet EU Battery Regulations and other international regulations.
Data from the study is expected to be available after H2 2022 for potential downstream markets.
“We are excited about being able to underpin the ESG performance of our assets, our products and our supply chains,” Galan managing director Juan Pablo Vargas de la Vega said.
“Making this visible and easily traceable for our markets distinguishes our products and will help future customers make their complex supply chains more transparent,” he added.
Hombre Muerto West project
Drilling is being fast-tracked at Hombre Muerto West to establish well fields for production, convert resources to reserves and complete feasibility studies.
The project has a current resource of 2.3 million tonnes of lithium carbonate equivalent.
Galan is also advancing the nearby Candelas lithium brine project which has a resource of 685,000t of lithium carbonate equivalent.