2020 Sustainability Report
2020 Sustainability Report
Tesla’s Battery Day revealed their plans to improve EV costs and performance, including localisation and expansion of manufacturing facilities, battery technology advancements and further vertical integration upstream into raw materials. In Galaxy’s view these plans are positive for the industry and support the inevitable EV-led lithium demand surge. Tesla plans to meet significant EV demand …
“Germany has become the second major European economy to use a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars that should boost Volkswagen and Tesla, while polluting SUVs face higher taxes.” The country has effectively doubled electric car subsidies, lowered the associated VAT, and rejected an auto industry request to incentivise …
German auto stimulus to accelerate the transition to electric vehicles Read More »
“The COVID-19 pandemic may have dampened demand for electric vehicles and associated raw materials in the near term, but “critical” supply issues and wild price volatility loom once normality returns, according to Benchmark Mineral Intelligence head of price assessments Caspar Rawles.” This article is for MiningNews subscribers only. To read the full article, click here …
Carmakers facing ‘critical’ shortage of battery materials Read More »
In addition to Europe’s recent historic pledge for green recovery, France has announced their commitments to dominate Europe’s EV sector. “Starting next week, consumers can get up to 12,000 euros from the government for buying an electric car” under new plan unveiled by the French President. To read the full article, click here
Positive news for the lithium ion battery sector as Europe accelerates the sector’s growth with “a new proposal to pour hundreds of billions of euros into new renewable energy, clean transportation, building renovation, and other programs designed to help Europe shrink its carbon footprint.” To read the full article, click here
On 21 May 2020, Galaxy hosted its Annual General Meeting via a live webcast due to restrictions on public gatherings arising from COVID-19. The webcast and the relevant information from the Meeting can be accessed below: View the Webcast Corporate Presentation Transcript Voting Results
Galaxy Resources Limited is leveraging its portfolio of world-class development assets to create a sustainable, large scale, global lithium chemicals business. Galaxy is pleased to report on activities undertaken in March 2020 quarter and its financial position as at 31 March 2020. Report Transcript
Welcome to Galaxy’s first Sustainability Report. As part of Galaxy’s responsibilities, we have developed a focused and simplified corporate strategy to establish a platform for growth to create a sustainable, large scale, global lithium chemicals business. 2019 Sustainability Report
On behalf of the Board, I am pleased to present our Annual Report for the year ended 31 December 2019. While the 2019 financial year presented challenges for the global lithium market, Galaxy Resources Limited continued its strategy to become a leading global supplier of high-quality lithium products. Click here