ENERGY MINERALS

Shipment delay causes miss for Galaxy

GALAXY Resources posted a sales miss for the December quarter after its Chinese customer elected to delay shipment of the spodumene concentrate.

 Galaxy is waiting for the market to recover.

Galaxy is waiting for the market to recover.

Sales of 29,778 tonnes (dry) of concentrate slipped under the wire, just short of the lower end of guidance, 30,000t, and well below the upper target of 45,000t.   It shipped 14,778t for the quarter,...

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