Galaxy welcomes higher lithium prices

Lithium miner Galaxy Resources on Wednesday welcomed an announcement by global chemicals company Rockwood Holdings that it would lift its lithium salt prices by $1 000/t. This was the second time that Rockwood has hiked its lithium salt prices in...

Galaxy/Lithium One merger moves to next step

The proposed merger between lithium miner Galaxy Resources and Canada’s Lithium One has moved a step closer to completion after financial advisers decreed that the merger was fair to Lithium One shareholders. At the end of March, Galaxy...

Galaxy completes capital raising for Lithium One merger

Lithium miner Galaxy Resources on Thursday announced that it had completed a A$30-million capital raising to support its merger with TSX-listed Lithium One. A share placement to sophisticated and institutional investors was completed, consisting...

Galaxy produces first lithium carbonate

Lithium miner Galaxy Resources has produced its first lithium carbonate at its Jiangsu plant, in China, following the successful completion of hot commissioning. MD Iggy Tan said on Tuesday that the company had brought two projects into...

Mt Cattlin surpasses expectations - Galaxy

Lithium miner Galaxy Resources has reported that its Mount Cattlin project, in Western Australia, was exceeding design throughput levels following process improvements in the past 12 months. At full capacity, the Mount Cattlin operation would...

Galaxy's Jiangsu plant nearing completion

Lithium miner Galaxy Resources on Thursday reported that its Jiangsu lithium carbonate project, in China, remained on track for commissioning by the end of the fourth quarter. The miner said that by the end of October, the project was 91% complete.

Galaxy's Chinese plant on schedule

Lithium miner Galaxy Resources on Thursday reported that the construction of its Jiangsu lithium carbonate project, in China, was progressing on schedule, with final stage construction currently under way. The company said that with the...

Galaxy Resources to fast track Quebec spodumene project

Australian lithium miner Galaxy Resources has started a definitive feasibility study (DFS) at James Bay, paving the way to increase its stake in the Canadian spodumene project to 70%. ASX-listed Galaxy entered into a farm-in agreement with...

Galaxy signs offtake agreement for battery production

Lithium producer Galaxy Resources has signed an offtake framework agreement with 13 Chinese electric bicycle manufacturers for the full production from its proposed lithium-ion battery project, in China. MD Iggy Tan said on Wednesday that the...

Galaxy reports 25% production rise at Mount Cattlin

Lithium miner Galaxy Resources has reported a 25% increase in production from its Mount Cattlin spodumene mine and processing facility, in Western Australia, for the month of July. Spodumene concentrate production reached 8 916 t during July, up...

Galaxy to leapfrog R&D with US battery technology licence deal

Lithium miner Galaxy Resources has signed a technology licence agreement with US-based lithium ion battery producer K2 Energy Solutions, to assist Galaxy in constructing its proposed Jiangsu battery manufacturing plant, in China. “Ensuring that...

Labour shortages delay Galaxy’s Chinese plant, costs rise

Lithium miner Galaxy Resources on Friday pushed back its commissioning schedule for the Jiangsu lithium carbonate project, in China, on the back of construction and fabrication labour shortages, and said costs had risen to A$99.8-million. The...