Jacinta Martino

December 2020 Quarterly Activities

Galaxy Resources Limited will be releasing it’s December 2020 Quarterly Activities Report on Thursday, 28 January 2021. A conference call will also be held on the same day at 11:00am AEDT (8:00am AWST). To join the conference call please click here.

Galaxy’s major customer secures 5-year Tesla deal

Congratulations to Galaxy’s major customer Yahua who also doubled its production capacity earlier in the year and secured additional feedstock from Galaxy. This news also follows Tesla‘s production ramp up in response to increased demand. Click here to view the full article.

Successful completion of A$161m Equity Financing Package

Galaxy has successfully completed the fully underwritten pro-rata accelerated non-renounceable entitlement offer and institutional placements to raise ~A$161m. Proceeds will be applied to Sal de Vida Stage 1 and pre-development activities at James Bay to advance it to a construction ready status. Equity financing provides an enhanced level of certainty to execute and develop Sal …

Successful completion of A$161m Equity Financing Package Read More »

Wellfield drilling commences at Sal de Vida

Wellfield drilling at Sal de Vida commenced recently as planned. The program will drill the operational wells for brine production and also extend 2 wells up to ~4x deeper than all prior drilling. Front end engineering design work for the wellfields to ponds has also progressed to ~90% completion

September 2020 Quarterly Activities

Galaxy Resources Limited advised in the September 2020 quarter that Sal de Vida Stage 1 is now targeting the production of higher value technical grade lithium carbonate after successful onsite piloting and test work results. Report Transcript

Half-Year 2020 Financial Results

Galaxy Resources Limited (ASX: GXY, “Galaxy” or the “Company”) has released its financial results for the half-year ended 30 June 2020. To view the consolidated half-year financial report click here To view the financial results presentation please click here

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