Perth, Australia (ABN Newswire) - Galaxy Resources Limited (ASX:GXY) is pleased to announce the first commercial sale of spodumene concentrate from its wholly-owned Mt Cattlin Spodumene Project ('Mt Cattlin') in Western Australia to third party Chinese customers.
Galaxy Resources is pleased to announce the sale of the first batch of lithium carbonate product (Li2CO3) from its wholly-owned Jiangsu Lithium Carbonate Plant in China, marking the first revenue stream from the Plant. The lithium carbonate was produced using spodumene concentrate from Galaxy's wholly-owned Mt Cattlin mine in Western Australia.
Galaxy Resources is pleased to announce that an initiation of coverage company report has been completed by EL & C Baillieu Research, on Galaxy following the Company's proposal to merge with Lithium One Inc. The research report is now available on our website at
Galaxy Resources welcomes the announcement by Rockwood Holdings lithium division Rockwood Lithium regarding its decision to lift global lithium salts prices by US$1,000 per metric tonne. In a statement, Rockwood said all salt prices would be lifted, especially lithium carbonate and lithium hydroxide, effective 01 July 2012.
Galaxy is pleased to advise that the Special Meeting of Securityholders of Lithium One will be held on June 18, 2012. Attached is the Notice of Special Meeting and Management Proxy Circular where resolutions are to be voted on by Lithium One Securityholders relating to the merger of Galaxy and Lithium One as announced to the ASX on March 30. The [...]
Galaxy is pleased to announce it has raised A$2.25 million via a Share Purchase Plan, which was launched in conjunction with a A$30 million Placement to support the Company's recommended merger with Lithium One. Galaxy said it received applications for a total of 2.92 million ordinary shares from existing eligible shareholders, and that the SPP was [...]
Galaxy Resources is pleased to provide its Quarterly Activity Report for the quarter ended 31 March 2012. The Company announced that it had entered into an agreement to effect a merger of Galaxy and Canadian lithium and potash exploration and development company Lithium One. Lithium One owns the highly prospective Sal de Vida lithium and potash [...]
Galaxy Resources is pleased to announce that a research report has been completed by Seymour Pierce Equity Research, one of the UK's leading independent investment banks, on Galaxy following the Company's proposal to merge with Lithium One. The research report is now available on our website at galaxylithium.com
Galaxy Resources is pleased to announce that geochemical analysis from channel samples taken at its 20% owned James Bay Pegmatite Project in Quebec has revealed high lithium oxide grades (Li2O) with low impurity levels. The highest grade was 1.77% Li2O from CS-8.32, significantly higher than the current NI 43-101 compliant resource average of 1.28 [...]
Galaxy is pleased to announce that in respect of its proposed merger with Lithium One and following the announcement of Galaxy's capital raising, Lithium One's Board of Directors has maintained its recommendation to the holders of Lithium One securities that they vote in favour of the Proposed Merger. Lithium One has received an updated opinion [...]
HiAlpha Events is pleased to announce David S. Reed, Senior Energy Advisor for the Corporate Strategic Planning Department of Exxon Mobil Corporation (NYSE: XOM) as the keynote speaker for the HiAlpha? Energy Investment Conference. His presentation will be on "The Outlook for Energy: A View to 2040."
