Will Implement Circulor System For Environmental Monitoring
Galan Lithium Limited (ASX:GLN) has signed a collaborative partnership with Circulor Ltd to establish full lithium traceability and dynamic CO2 and environmental, social and governance (ESG) tracking for its lithium brine assets, in Argentina’s Lithium triangle.
Galan will be implementing Circulor’s solution to help its future market products to meet sustainability objectives for ethical sourcing, CO2 transparency and other ESG performance metrics (e.g. water consumption).
Juan Pablo (“JP”) Vargas de la Vega, Galan’s Managing Director, said Circulor’s solution will be used during Galan’s feasibility study stage by tracking samples from its pilot lithium carbonate plant to marketable product (expected in H2 2022).
This partnership provides Galan with full traceability of their lithium supply chain. Galan will work with Circulor during the initial readiness phase to establish its blueprint for sustainable supply chain traceability.
This will enable Galan to become a preferred source of supply to worldwide markets, by helping Galan meet compliance requirements under the EU Battery Regulations, various supply chain due diligence legislation and the proposed Carbon Border Adjustment Mechanism, when extended to lithium. Juan Pablo (“JP”) Vargas de la Vega, Galan’s Managing Director, said:
“We are excited about being able to underpin the ESG performance of our assets, our products and our supply chains,” Juan Pablo (“JP”) 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. It also reinforces our commitment to sustainability for our markets and other stakeholders.”
Circulor is the leading sustainable supply chain traceability provider, headquartered in the UK, with a global footprint including Germany, Singapore, and Australia.
It enables businessesto fully analyse, track and manage their supply chains to support responsible sourcing and improve sustainability. It does this by providing an enterprise software platform, which creates a reliable chain of custody of materials and attaches sustainability and other ESG data to that flow of materials. For further information please visit: https://galanlithium.com.au/
