No thought given to Mt Cattlin shutdown yet: Galaxy

GALAXY Resources is not yet thinking about putting its flagship Mt Cattlin lithium mine on care and maintenance, but with spodumene prices expected to average below US$450 per tonne in the COVID-19 age, there is a real risk the Western Australian mine could become a casualty of the flat market if it can’t control its costs.

No thought given to Mt Cattlin shutdown yet: Galaxy No thought given to Mt Cattlin shutdown yet: Galaxy No thought given to Mt Cattlin shutdown yet: Galaxy No thought given to Mt Cattlin shutdown yet: Galaxy No thought given to Mt Cattlin shutdown yet: Galaxy

Galaxy managed to sell stockpiled ore.

Cash costs for the first quarter were up substantially at US$592/t, but CEO Simon Hay said that was due to a planned six-week shutdown to allow the plant upgrade and a change in mining contactor, and

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