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Delays hit Mt Cattlin lithium mine output

GALAXY Resources is set to be in the best financial position in its life, with an operating mine, two advanced projects and almost A$500 million cash at year’s end, so while its share price gently sinks the lithium producer has confirmed the board is looking at capital management options to reward its shareholders.

Haydn Black
Mt Cattlin.

Mt Cattlin.

Speaking this morning, managing director Anthony Tse said there was "a full spectrum of things to consider" including a share buyback or capital return, once the company closed both the sale of the Salar...

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