Make ABN Newswire your homepage | Add to Favourites  CHINESE SIMPLE   CHINESE TRAD     JAPANESE     KOREAN  ENGLISH    ARABIC    EUROPE ABN Web

	Home    |   Media Partners    |    About Us   |   Contact Us   |   Events & Exhibitions

GALAXY RESOURCES LIMITED Company Summary  Galaxy Resources Limited (Galaxy) is an industrial minerals company focusing on lithium and tantalum production. Galaxy has completed a pre-feasibility study which suggests the Mt Cattlin lithium / tantalum project is commercially viable based on a processing rate of 1 million tonnes per annum. Galaxy's intention at Mt Cattlin is to complete a bankable feasibility study which will investigate the production of separate rare metal minerals concentrates (spodumene and tantalum). The company has also commenced a preliminary scoping study into the value adding downstream production of lithium carbonate (Li2CO3). These raw materials are currently in short supply and face high future demand growth due to advances in long life batteries and sophisticated electronics in hybrid and electric vehicles, mobile phones and computers. Galaxy is planning, subject to the conclusions of the bankable feasibility study and project funding, to commence the development of the mine and the construction of the processing plant in early 2009 with first concentrate production scheduled for 2010. COMPANY DATA Headquarters 129 Edward Street      PERTH WA 6000  Telephone (08) 6241 1888  Fax (08) 6241 1811  Principal Sector Mining  Principal Industry Materials  Homepage www.galaxyresources.com.au   MARKETS   ASX:GXY GXY ISIN:AU000000GXY2 OTHER LANGUAGES

NEWS  Australian Market Report of January 7: Gains in Thin Trading (JAN 7, 2009)  Galaxy Resources Limited (ASX:GXY) Appoints Anand Sheth as General Manager of Marketing and Business Development (JAN 7, 2009)  Galaxy Resources Limited (ASX:GXY) Announce Mt Cattlin Lithium Assays Confirm Ore Grade Extensions Along Strike (DEC 24, 2008)  Galaxy Resources Limited (ASX:GXY) Final Lithium Assays Reveal Ore Grade Extensions At Depth (DEC 4, 2008)  Galaxy Resources Limited (ASX:GXY) Appoint Iggy Tan To Non-Executive Director (SEP 19, 2008) MULTIMEDIA Drag Podcast Icon To iTunes -  AUDIO: Galaxy Resources Limited ASX: GXY - Pre-Feasibility Study Returns Robust Result - Mt Cattlin Lithium/Tantalum Deposit - Mr Michael Fotios, MD (DEC 21, 2007)  Galaxy Resources Limited ASX: GXY - Mt Cattlin Drilling Update - Mr Michael Fotios, MD (OCT 11, 2007)  Galaxy Resources Limited ASX: GXY - Drilling Update - Mr Michael Fotios, MD (SEP 7, 2007)  Galaxy Resources Limited ASX: GXY - Mt Cattlin Drilling Update - Mr Michael Fotios, MD (JUNE 25, 2007)  Galaxy Resources Limited ASX: GXY - Quarterly Activities and Mt Cattlin Drilling - Mr Michael Fotios, MD (MAY 1, 2007)  Galaxy Resources Limited ASX: GXY - Mt Cattlin Drilling Update - Mr Michael Fotios, MD (APR 16, 2007)

Home | Contact Us | About Us

Copyright 2009 Asia Business News Ltd.