Tag: spodumene

All Images: Galaxy Resources   BY EMMA DAVIES   GROWTH in the lithium battery market is driving Galaxy Resources to ramp up production at its flagship Mt Cattlin mine in Ravensthorpe, WA and increase greenfields and brownfields exploration to meet future demand. Galaxy Resources’ Mt Cattlin mine has been operational for two years and is now aiming to ramp up spodumene production to more than 210,000 dry metric tonnes per annum (dmtpa). In the December quarter, the company produced only 33,780 dmt of spodumene concentrate at a lower than average reserve grade and recovery rate due to the majority of ore mined coming from a lower grade 2SW pit. Galaxy also reported lower margins than the previous quarter, completing three shipments...

All images: Galaxy Resources. By Elizabeth Fabri IF there was one company that best exemplified the lithium boom of the last 12 months, Galaxy Resources would be it. In 2016, its share price rose 330 per cent, making it the highest performing stock of the ASX-200. This year, Galaxy maintains its position in the spotlight as production ramps up at its newly commissioned Mt Cattlin project. The Mt Cattlin mine has been operated by Galaxy Resources since 2009, but was put on care and maintenance in 2013; a huge blow for the nearby Ravensthorpe community with 37 staff and 65 contract redundancies. But after more than three years, times were looking up for the WA mining town with the revival...