Galaxy Resources 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 an integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (Code: GXY) and is a member of the S&P/ASX 300 Index.
Galaxy Resources is pleased to advise that it has successfully completed a long term pumping test on the first proposed production well at the Sal de Vida lithium and potash brine project in Argentina. The successful test involved pumping brine from the production well at a constant rate and without faults or blockages, over a 30 day period. The [...]
HighlightsBrine successfully pumped from production well30 day pump test completed with constant flow rate and without blockagesBrine pumping a core part of a lithium brine operationConsistency and rate of flow to be supports DFS base assumptionsInitial wells show potential for very long term supply of brinePERTH, WESTERN AUSTRALIA, Oct. 9, 2012 [...]
Perth, Australia (ABN Newswire) - Galaxy Resources (ASX:GXY) is pleased to announce that the initial repayment of the Company's working capital loan to China Construction Bank Limited ('CCB') has been successfully re-financed to September 2013.
PERTH, Australia, Sept. 28, 2012 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") is pleased to announce that the initial repayment of the Company's working capital loan to China Construction Bank Limited ("CCB") has been successfully re-financed to September 2013.Galaxy stated that it was in the process of negotiating [...]
Perth, Australia (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) is pleased to provide a Company presentation at the 3rd Lithium Asia Conference in Chengdu, China, regarding Galaxy's Lithium pure plays and strength as a global lithium company.
Lithium producer Galaxy Resources advises it is to utilise its own patented purification technology at the recently acquired Sal de Vida lithium and potash brine project in Argentina to produce battery grade lithium carbonate. The purification technology is used to upgrade lithium carbonate's purity to 'battery grade' (99.5% purity, or above [...]
HighlightsGalaxy to use patented purification technology to produce battery grade lithium carbonate at Sal de VidaTechnology successfully proven at Jiangsu Lithium Carbonate Plant, ChinaBattery grade lithium carbonate commands significant price premium versus technical gradeTechnology application included within DFS models and flow sheetsGalaxy [...]
Lithium producer Galaxy Resources is pleased to advise it has filed the Environmental and Social Impact Statement for its Sal de Vida Lithium and Potash Brine Project in Argentina. The EIS has been submitted to the Provincial Environmental Agencies of Salta and Catamarca as the Project straddles both provincial boundaries. The EIS has provided [...]
HighlightsEIS for Sal de Vida Project submitted to Provincial Environmental Agencies of Salta and Catamarca in Northern ArgentinaEIS assesses construction of lithium brine ponds, battery grade lithium carbonate plant and potash plantEIS submission marks first step in gaining project construction approvalSal de Vida environmental and social impact [...]
Galaxy Resources Limited announces the latest company presentation regarding their Lithium projects in Australia, China and Argentina. Please view presentation here: Galaxy Resources is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina.
Galaxy advises that the Definitive Feasibility Study being undertaken on its Sal de Vida lithium and potash brine project in Argentina is progressing well and is expected to be completed in Q1 2013. Galaxy acquired a 70% stake in the Sal de Vida project following its merger with Lithium One Inc., which was completed in July 2012. Argentinean [...]