Galaxy Resources

Galaxy Resources
Public
Industry Mining
Key people
 Martin Rowley (Chairman)
Anthony Tse (Managing Director)
Products Lithium
Website galaxyresources.com.au

Galaxy Resources is an Australian public mining company. It is listed on the Australian Securities Exchange.

Overview

Galaxy Resources has projects in Australia, China, Canada and Argentina.[1] It produces lithium.[1]

Galaxy owns the Sal de Vida lithium and potash brine project in Argentina, located in the "lithium triangle", where Chile, Argentina and Bolivia meet, and the James Bay Lithium Pegmatite Project in James Bay, Quebec, Canada.

Galaxy also owns the Mt Cattlin spodumene-tantalite mine at Ravensthorpe, Western Australia,[1] operated in joint venture with General Mining Corporation. The mine operated between 2009 and 2012 before being placed on care-and-maintenance between 2013 and 2016. Following a plant refurbishment, mining at Mt Cattlin recommenced in March 2016, with first tantalum production in May 2016.[2][3][4]

In May 2016, Galaxy announced a merger with joint venture partner General Mining Corporation. The resulting company would have a combined market capitalization of A$700 million, focused on lithum production through its acquisition of further lithium mines.[5]

References

  1. 1 2 3 Official website: Corporate overview
  2. ↑ "Barnett opens Galaxy's Mt Cattlin spodumene project". 6 November 2009.
  3. ↑ Kagi, Jacob (20 March 2013). "Lithium mine shut down in blow to Ravensthorpe".
  4. ↑ "Investor Presentation" (pdf). Ardross, WA: Galaxy Resources Limited. 30 August 2016. p. 5. Retrieved 3 September 2016.
  5. ↑ Ingram, Tess. "Galaxy Resources and General Mining in $700m lithium merger". Sydney Morning Herald. Retrieved 31 May 2016.
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