Highlights425 tonnes produced in March - first full month post recommencement of operationsProduction continuing to increase as ramp-up progresses100% of battery grade product meeting quality specificationsBattery and technical grade sales increase after Chinese NYFirst sales to Japan completed following extensive qualification processJiangsu [...]
HighlightsSpodumene supply agreement signed with Talison to feed Jiangsu PlantHigh Australian dollar has impacted Galaxy's local operating costsCurrent external spodumene supply more economical than reinstating Mt CattlinMt Cattlin operations will remain suspended until further noticeSmall workforce to remain on site to maintain mine and processing [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/HighlightsJiangsu Plant produces 99.9% Li2CO3 purity lithium carbonate (EV Grade®)EV Grade® used in electrolytes solution in lithium-ion batteriesEV Grade® commands 20%-30% price premium to battery grade lithium carbonateProvides [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Feb. 28, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") announces that it has settled the second tranche ("Tranche 2") of a A$20 million (before costs) funding facility with Deutsche Bank following [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Feb. 28, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") advises it has appointed lithium sales and marketing consultant Mr Joe Lowry to the Company's sales and marketing team.Mr Lowry spent 23 years [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/HighlightsJiangsu Plant has been at full operation with stable productionProducing battery grade lithium carbonate, meeting all specificationsSales of technical and battery grade lithium carbonate recommenceJiangsu ramp-up program recommencesPERTH [...]
PERTH, Australia, Feb. 15, 2013 /CNW Telbec/ - Galaxy Resources Limited (ASX: GXY) is pleased to advise that all resolutions detailed in the Notice of General Meeting were passed by the requisite majority on a show of hands at the General Meeting of the Company held on 15 February 2013.In accordance with ASX Listing Rule 3.13.2 and section 251AA of [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Feb. 6, 2013 /CNW Telbec/ - Following clearance from the Zhangjiagang Safety Bureau (Safety Bureau), Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") advises that it has recommenced operations at its Jiangsu Lithium [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Jan. 31, 2013 /CNW Telbec/ - Galaxy Resources Ltd ("Galaxy") is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina. The Company is [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Jan. 17, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") confirms it has been advised by East China Mineral Exploration & Development Bureau ("ECE") that its Board has withdrawn from ECE's proposed [...]
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/PERTH, Australia, Jan. 15, 2013 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") confirms that following an incident at its Jiangsu Lithium Carbonate Plant ("Jiangsu" or "the Plant") in China on 22 November, an investigation [...]
HighlightsTranche 1 of capital raising with M&G completed and funds receivedTranche 2 with ECE expected to complete late Q1 2013ECE completes financial and legal due diligence, as well as Mt Cattlin and Jiangsu Plant site visitsGalaxy extends ECE due diligence on Sal de Vida to 31 Dec 2012 due to ECE visa application hold-upsInterim funding of A$20 [...]
