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LITHIUM spodumene producer Galaxy Resources has delivered a record production quarter, though shipment timing issues, one off payments and a relatively weak overall lithium market has seen cash and liquid holdings fall by just over US$100 million to $176.3 million as of June 30.
Second half shipments on the rise for Galaxy
The cash outflows included a one-off corporate tax payment of $55 million to the Argentinian government (in relation to the profit from the POSCO sale), and about $17 million in equity investments -
Mount Cattlin lithium mine output grows as costs continue to fall
Record quarter and year for Sandfire
