Type Public Products Lithium Headquarters Australia | Industry Mining Website galaxyresources.com.au | |
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Key people Martin Rowley (Chairman)
Anthony Tse (Managing Director)
Aaron Dentamaro (CFO) Stock price GXY (ASX) A$ 0.45 0.00 (+1.12%)9 Mar, 4:10 PM GMT+11 - Disclaimer Subsidiaries General Mining, Lithium One Inc. | ||
Galaxy Resources is an Australian public mining company. It is listed on the Australian Securities Exchange.
Overview
Galaxy Resources has projects in Australia, Canada and Argentina. It produces lithium.
Galaxy owns the Sal de Vida lithium and potash brine project in Argentina, located in the "lithium triangle", where Chile, Argentina and Bolivia meet, and the James Bay Lithium Pegmatite Project in James Bay, Quebec, Canada.
Galaxy also owns the Mt Cattlin spodumene-tantalite mine at Ravensthorpe, Western Australia, operated in joint venture with General Mining Corporation. The mine operated between 2009 and 2012 before being placed on care-and-maintenance between 2013 and 2016. Following a plant refurbishment, mining at Mt Cattlin recommenced in March 2016, with first tantalum production in May 2016.
In May 2016, Galaxy announced a merger with joint venture partner General Mining Corporation. The resulting company would have a combined market capitalization of A$700 million, focused on lithum production through its acquisition of further lithium mines.