Galaxy Resources Limited

 ASX:GXY ISIN:AU000000GXY2

Feb 10, 2012

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Galaxy Resources Limited Company Summary

 Galaxy Resources Limited (ASX:GXY) is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange and is a S&P/ASX 300 Index Company. Galaxy wholly owns the Mt Cattlin project near Ravensthorpe in Western Australia where it mines lithium pegmatite ore and processes it on site to produce a spodumene concentrate and tantalum by-product. At full capacity, Galaxy will produce 137,000 tpa of spodumene concentrate and 56,000 lbs per annum of contained tantalum. The concentrated spodumene is shipped to Galaxy's wholly-owned Lithium Carbonate Plant in China's Jiangsu province. Once complete, the Jiangsu plant will produce 17,000 tpa of battery grade lithium carbonate, the largest producer in the Asia Pacific region and the fourth largest in the world.

Galaxy is also advancing plans for a lithium-ion battery plant, to produce 350,000 battery packs per annum for the electric bike (e-bike) market. The Company also has a farm in agreement with TSX-listed Lithium One Inc to acquire up to 70% of the James Bay Lithium Pegmatite Project in Quebec, Canada.

Lithium compounds are used in the manufacture of ceramics, glass, electronics and are an essential cathode material for long life lithium-ion batteries used to power e-bikes and hybrid and electric vehicles. Galaxy is bullish about the global lithium demand outlook and is positioning itself to achieve its goal of being involved in every step of the lithium supply chain.
 

DIRECTORS / OFFICERS

 
Craig Readhead, B Juris LLb MAICD
Non Executive Chairman
Mr Readhead holds the degrees of Bachelor of Law and Bachelor of Jurisprudence from the University of Western Australia. He has spent the last 28 years practicing in the resources law area and was a partner of a major Perth Law firm before forming his own practice 11 years ago. He is now a partner of the law firm Allion Legal. Mr Readhead has had a significant role in the development of a number of mining projects within Australia, Africa and South East Asia. Mr Readhead is a director of a number of listed and unlisted companies.
Iggy Tan BSc, MBA, MAICD
Managing Director
Mr Tan is an experienced operations manager with over 22 years of experience in the mining and chemical industry. He has also a proven background in both marketing and business development. Mr Tan has been in managerial roles with SCM Chemicals and Sons of Gwalia; and General Manager roles at Westlime, Iluka Resources (MW), Imdex Minerals and Metals X Limited. His responsibilities have included the commissioning and operations management of several significant mining and processing projects in Western Australia. During his time at Iluka, he won the Prime Minister’s Community and Business Partnership award for industry commitment to local communities in WA. Mr Tan is a former Chairman of the Western Australian Chamber of Minerals and Energy’s Murchison Regional Council. Mr Tan managed the Lithium Mineral and Lithium Carbonate plants at Sons of Gwalia, Greenbushes operations in 1995. Mr Tan was previously the Managing Director of Nickelore Limited.
Robert Wanless
Non-Executive Director
Mr Robert Wanless is a prospector and mining investor with 33 years mining industry experience, he was employed by Placer Exploration Limited as a professional prospector and exploration supervisor covering South East Asia and Australia including exploration at Laloki, Watut and Pleysumi (PNG) and throughout Western Australia. Since then he embarked on all aspects of mineral exploration, assessment, acquisition, fieldwork, development and mining, mainly in Western Australia. He has negotiated numerous mining related sale and joint venture agreements with several International and Australian mining companies involving gold, base metals and industrial mineral properties. Recently he managed the Alicia Gold Mine in Western Australia. He is a past founding director of ASX listed Greenstone Resources NL.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Level 2, 16 Ord Street 
    West Perth, WA 6005 
    Australia 
Company Telephone +61-8-9215-1700 
Company Fax +61-8-9215-1799 
Company Principal Sector Materials 
Company Principal Industry Mining & Metals 
Company Homepage www.galaxyresources.com.au
 

Key Developments: Galaxy Resources Limited
 Galaxy Resources Limited (ASX:GXY) Galaxy Commences Lithium Hydroxide Expansion Study
JAN 25, 2012 08:23 - Article Views: 770
Galaxy Resources Limited (ASX:GXY) is pleased to announce it will commence a feasibility study to assess the potential to expand into lithium hydroxide production at the Company's Jiangsu Lithium Carbonate Project ("Jiangsu").
 Galaxy Resources Limited (ASX:GXY) Exports Trial Mica Shipment
JAN 19, 2012 09:32 - Article Views: 597
Galaxy Resources Limited (ASX:GXY) advises that it has exported a 10 tonne trial shipment of mica from its Mt Cattlin operation in Western Australia under a purchase agreement with an overseas international industrial minerals group that specialises in mica-based products.
 Galaxy Resources Limited (ASX:GXY) Jiangsu Lithium Carbonate Project Plant Commissioning On Track
JAN 16, 2012 09:42 - Article Views: 627
Galaxy Resources Limited (ASX:GXY) (Galaxy or the Company) is pleased to announce the commissioning of its wholly-owned Jiangsu Lithium Carbonate Project (Jiangsu or the Project) in China continues on schedule, with first production on track for the current quarter.
 Galaxy Resources Limited (ASX:GXY) Completes Third Spodumene Shipment
JAN 5, 2012 08:27 - Article Views: 417
Galaxy Resources Limited (ASX:GXY) is pleased to announce the completion of its third shipment of spodumene to China on 24 December 2011.
 Galaxy Resources Limited (ASX:GXY) Achieves Mechanical Completion at Jiangsu Project
DEC 6, 2011 08:25 - Article Views: 940
Galaxy Resources Limited (ASX:GXY) is pleased to announce it has achieved mechanical completion of its wholly-owned Jiangsu Lithium Carbonate Project (Jiangsu or the Project) in China, a month ahead of the revised schedule.
 Galaxy Resources Limited (ASX:GXY) Appoints Chemical Division Managing Director and Alternate Director
DEC 2, 2011 08:23 - Article Views: 682
Emerging lithium producer Galaxy Resources Limited (ASX:GXY) is pleased to announce the following appointments to the Company.
 Galaxy Resources Limited (ASX:GXY) Expects Jiangsu Lithium Carbonate Project to Be Completed Ahead of Revised Schedule
NOV 15, 2011 08:24 - Article Views: 582
Galaxy Resources Limited (ASX:GXY) advises that final-stage construction of its wholly-owned Jiangsu Lithium Carbonate Project (Jiangsu or the Project) in China is expected to be mechanically completed by the end of November 2011, a month ahead of the revised schedule.
 Galaxy Resources Limited (ASX:GXY) Jiangsu Lithium Carbonate Project On Track for Completion
NOV 3, 2011 08:24 - Article Views: 889
Galaxy Resources Limited (ASX:GXY) advises that final-stage construction of the Company's wholly-owned Jiangsu Lithium Carbonate Project (the Project or Jiangsu) continued on schedule during October 2011, with substantial progress made in all plant areas.
 Galaxy Resources Limited (ASX:GXY) Sells Second Shipment of Tantalum from Mt Cattlin
OCT 27, 2011 08:23 - Article Views: 1,142
Galaxy Resources Limited (ASX:GXY) is pleased to announce it has delivered the second shipment of tantalum concentrate from its Mt Cattlin mine in Western Australia, under its five-year sales agreement with Global Advanced Metals Pty Ltd ("GAM").
 Galaxy Resources (ASX:GXY) MD Iggy Tan Presents at Lithium Asia Conference in Shanghai 2011
SEP 24, 2011 15:14 - Article Views: 1,005
Managing Director of Galaxy Resources Limited, Iggy Tan presented at the 2nd Lithium Asia Conference in Shanghai, China on 23 September 2011. Mr Tan opened his presentation by addressing a very serious point for the health of the Chinese lithium industry.

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Company Reports

  • Galaxy Resources Limited (ASX:GXY) Quarterly Activities and Cashflow Report - December 2011  Click to Download
  • Galaxy Resources Limited (ASX:GXY) Lithium Supply and Markets Conference - Argentina  Click to Download
  • Galaxy Resources Limited (ASX:GXY) FORM 604 CHANGE OF INTERESTS OF SUB HOLDER  Click to Download
  • Galaxy Resources Limited (ASX:GXY) FORM 604 NOTICE OF CHANGE OF INTERESTS OF SUB HOLDER  Click to Download
  • Galaxy Resources Limited (ASX:GXY) Initial Director`s Interest Notice - Chen  Click to Download
  • Galaxy Resources Limited (ASX:GXY) FORM 604 NOTICE OF CHANGE OF INTERESTS OF SUB HOLDER  Click to Download
  • Galaxy Resources Limited (ASX:GXY) Change in substantial holding  Click to Download
  • Galaxy Resources Limited (ASX:GXY) FORM 604 CHANGE OF INTERESTS OF SUB HOLDER  Click to Download
  • Galaxy Resources Limited (ASX:GXY) Change in substantial holding  Click to Download
  • Galaxy Resources Limited (ASX:GXY) Becoming a substantial holder  Click to Download
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