On 19 April 2021, Galaxy announced that it had entered into a binding Merger Implementation Deed with Orocobre Limited (Orocobre) under which the two companies will merge via a scheme of arrangement under Part 5.1 of the Corporations Act. Pursuant to the Scheme, Orocobre will acquire all of the fully paid ordinary shares in Galaxy …
Mt Cattlin achieved record quarterly production and SdV’s pilot facility successfully produced battery grade lithium carbonate with quality exceeding previous results. Early construction and procurement continues on track with wellfield drilling and the delivery of pond liners underway. For the full Quarterly Activities Report, click here
Mt Cattlin is delivering strong results this quarter with over 40kdmt of spodumene produced and 33.5kwmt shipped at the end of May. The shipment for June is secured and pricing for Q3 is likely to exceed US$750/mt CIF. Full year guidance has been revised to reflect increased production and pre-stripping for the next pit . …
Galaxy’s Annual General Meeting was held at 14:00 AWST (16:00 AEST) on Thursday, 20 May 2021. Each resolution was decided on a poll called by the Chairman. To view the presentation click here To view the voting results click here
Galaxy and Orocobre Limited have agreed to a proposed A$4B merger of equals, establishing a new force in the global lithium sector. The Merger creates the 5th largest global lithium chemicals company with a diversified production base and exciting growth platform, with potential to unlock significant synergies and realise value to be shared by all …
During the March Quarter, Galaxy successfully ramped back up to full production at Mt Cattlin and achieved major milestones at Sal de Vida & James Bay with the release of the 2021 Sal de Vida Feasibility Study and James Bay Preliminary Economic Assessment. To view the full Quarterly Activities Report, click here Please note the conference call planned on …
Galaxy is pleased to release it’s 2020 Annual Reporting Suite providing an overview of its development projects, operations and performance over the 2020 financial year. The 2020 Annual Reporting Suite is available on the links below 2020 Annual Report 2020 Sustainability Report 2020 Corporate Governance Statement
Completion of front end engineering design and the 2021 feasibility study confirm that Sal de Vida will be a globally competitive, highly profitable producer of battery grade lithium carbonate with lowest quartile capital and operating costs. Galaxy’s strong cash position and positive cashflow from Mt Cattlin provide full funding for Stage 1. The Project will …
Galaxy is adopting the production of battery grade lithium carbonate at Sal de Vida after onsite piloting and independent test work confirmed this can be achieved successfully with the addition of an ion exchange stage. Galaxy CEO, Simon Hay said, “this technological breakthrough is unique to conventional evaporation processes and is an outstanding development achievement …
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