Galaxy Resources Limited engages in the production of lithium concentrate. The company also engages in the development of projects in Argentina and Canada; and exploration for minerals in Australia, Canada and Argentina. The company operates as a subsidiary of Orocobre Limited.
Segments
The company operates through Australian, Argentinian and Canadian segments.
The Australian segment includes the development and operation of the Mt Cattlin spodumene mine and exploration for minerals.
The Arg...
Galaxy Resources Limited engages in the production of lithium concentrate. The company also engages in the development of projects in Argentina and Canada; and exploration for minerals in Australia, Canada and Argentina. The company operates as a subsidiary of Orocobre Limited.
Segments
The company operates through Australian, Argentinian and Canadian segments.
The Australian segment includes the development and operation of the Mt Cattlin spodumene mine and exploration for minerals.
The Argentinian segment includes the development of the Sal de Vida project and exploration for minerals.
The Canadian segment includes the development of the James Bay project and exploration for minerals.
Mt Cattlin
The company wholly owns the Mt Cattlin spodumene project (Mt Cattlin), located two kilometers north of the town of Ravensthorpe in Western Australia. The Mt Cattlin operation produces a lithium concentrate (spodumene) product with a 5.9 - 6.0% Li2O grade that is trucked to Esperance for export to an Asian customer base. Mt Cattlin operations include open-pit mining of a relatively flat-lying pegmatite ore body.
Sal de Vida Project
The Sal de Vida lithium brine project (Sal de Vida), wholly owned by the company, is located on the Salar del Hombre Muerto in the Puna region of the Central Andean Plateau in the Province of Catamarca in northwest Argentina. Sal de Vida is its major project, representing one of the major undeveloped lithium brine deposits.
James Bay Project
The James Bay lithium pegmatite project (‘James Bay’), wholly owned by the company, is located in Quebec, Canada, approximately 130km east of the Eastmain community. James Bay represents one of the major lithium development projects in North America. The project comprises five sets of claim blocks with the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves, 2012 edition-compliant defined mineral resource estimate of 40.3 Mt @1.40% Li2O.
Regulation
The company is registered under the National Greenhouse and Energy Reporting Act, under which it is required to report energy consumption and greenhouse gas emissions for its Australian facilities for the 12 months ended 30 June and future periods.
History
The company was founded in 1996. It was incorporated in 1996.