Galaxy Resources Limited (ASX:GXY) (OTCMKTS:GALXF) is pleased to announce the conclusion of 2016 contract offtake supply obligations. The MV T Prime set sail from Port of Esperance on 1 May 2017 containing 16,973 wet metric tonnes of spodumene concentrate.
Galaxy Resources Limited
Galaxy Resources Limited (ASX:GXY) (OTCMKTS:GALXF) is an international S&P / ASX 200 Index company with lithium production facilities, hard rock mines and brine assets in Australia, Canada and Argentina. It wholly owns and operates the Mt Cattlin mine in Ravensthorpe Western Australia, which is currently producing spodumene and tantalum concentrate, and the James Bay lithium pegmatite project in Quebec, Canada.
Galaxy is advancing plans to develop the Sal de Vida lithium and potash brine project in Argentina situated in the lithium triangle (where Chile, Argentina and Bolivia meet), which is currently the source of 60% of global lithium production. Sal de Vida has excellent potential as a low cost brine-based lithium carbonate production facility.
Lithium compounds are used in the manufacture of ceramics, glass, and consumer electronics and are an essential cathode material for long life lithium-ion batteries used in hybrid and electric vehicles, as well as mass energy storage systems. Galaxy is bullish about the global lithium demand outlook and is aiming to become a major producer of lithium products.
Galaxy Resources Limited ("Galaxy" or the "Company") (ASX:GXY) advises that all resolutions put to the Annual General Meeting were passed on a show of hands, including Resolution 20 which was added to the agenda for the meeting.
Galaxy Resources Limited (ASX:GXY) (OTCMKTS:GALXF) is pleased to provide the Company's latest Annual General Meeting Presentation.
Galaxy Resources Limited ("Galaxy" or the "Company") (ASX:GXY) (OTCMKTS:GALXF) is pleased to announce the commencement of a drilling campaign and pit optimisation review that will support an updated Life Of Mine ("LOM") plan at Mt Cattlin.
Pure play hard-rock spodumene-hosted lithium development company, MetalsTech Ltd (ASX:MTC) is pleased to announce exceptional results from a detailed surface channel sampling program in high priority drill target zones at the Company's 100%-owned Cancet Lithium Project in Quebec, Canada.
Sayona Mining Limited (ASX:SYA) (OTCMKTS:DMNXF) announces that it is actively working towards completing the Authier Pre-Feasibility Study ("PFS").
Sayona Mining Limited (ASX:SYA) is pleased to announce it has signed a binding term sheet, subject to completion of a 60-day due diligence, to acquire 100 per cent of the Authier lithium deposit in Quebec, Canada.
Galaxy Resources Limited (ASX:GXY) advises it has extended the date within which cornerstone investor East China Mineral Exploration & Development Bureau ("ECE") has to complete due diligence on the Company, for the purposes of a capital raising, from 19 November 2012 to 31 December 2012.
Galaxy Resources Ltd (ASX:GXY) advises that lithium carbonate production at its whollyowned Jiangsu Lithium Carbonate Plant ("Jiangsu Plant" or "Jiangsu") was 428 tonnes in October - an increase of 50% month-on-month and in line with Jiangsu's 12 month ramp-up schedule.
Galaxy Resources Ltd (ASX:GXY) is pleased to announce that the company has successfully issued 30 million fully paid ordinary shares at a price of A$0.50 per share raising A$15 million to cornerstone investor M&G Investments