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Galaxy Resources Provides 2017 Half Year Result Presentation

30 Aug 2017  |  09:08:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 2017 Half Year Result Presentation

Galaxy Resources provided 2017 half year result presentation. The Company announced that Mt Cattlin transitioned into commercial production as of 1 May 2017, with the ramp up and commissioning of the plant completed. Total of 4 shipments of lithium concentrate were made during the half year. Average production cash costs were US$391/dmtfor the half year (excluding royalties and marketing fees). Run-rate improved across the half year with spodumene production of 14,038t in June 2017.

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