CAPITAL MARKETS

Galaxy operation stars

A STRONG operational performance by Galaxy Resources at its Mt Cattlin operation in Western Australia has seen 52,130 tonnes of spodumene concentrate produced, well above the run-rate of the 160,000t per annum operation recommissioned last year.

Michael Quinn
Galaxy operation stars

The average production cost was US$325/t and the average realised sale price $868/t, with both numbers pre-royalties and marketing fees. Average recoveries came in at 58%, above targeted levels of 50-55%,...

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