Shares in Galan Lithium (ASX:GLN) experienced an uptick of about 3.9%, reaching A$0.810.

This is their highest prices seen since July 26th.

The positive momentum came after Argentina’s Mines Department Minister granted full Phase 1 construction permits for the Hombre Muerto West lithium brine project.

In response, the lithium explorer noted that phase 1 preparation works, engineering and long lead orders are currently on track.

With this, the company expects to achieve a lithium chloride output of 5.4ktpa lithium carbonate equivalent (LCE) by the first half of 2025.

However, despite the recent climb, the stock is still roughly 27% down year-to-date, considering its value at the last close.

Galan Lithium is a company that explores for and develops lithium-bearing brine projects.