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...

Galaxy to buy Canada's Lithium One for C$109m

Galaxy Resources said on Friday it will take over Canada's Lithium One in a friendly, C$109-million ($109.10-million) deal that will enable the Australian miner to expand its global resources and become a top player in the lithium. Lithium One...

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 concludes A$120m raising for Australia, China projects

Lithium-miner Galaxy Resources on Thursday concluded a A$120-million capital raising. “We will use the funds for working capital and ramp-up of our Mount Cattlin spodumene project in Western Australia and Jiangsu lithium carbonate plant in...

Galaxy identifies site for lithium-ion battery plant in China

Emerging lithium-miner Galaxy Resources has provisionally chosen the site for its proposed lithium-ion battery project, in China. The company signed a letter of intent with the Jiangsu Province Zhangjiagang Free Trade Zone (JPZFTZ) for a 10-ha...

Galaxy raises A$91,5m for lithium projects, acquisitions

Emerging lithium-miner Galaxy Resources has finalised a A$91,5-million capital raising to fund the ramp-up of its projects, as well as to fund potential acquisitions of other lithium-related projects. MD Iggy Tan said on Monday that the capital...

Lithium company Galaxy raises A$30m from Chinese investor

Emerging Australian lithium-miner Galaxy Resources plans raise A$30-million from a Chinese investor to ramp up its Mount Cattlin and Jiangsu projects, the company announced on Monday. MD Iggy Tan said in a statement that Galaxy had signed an...