Galaxy bleeds money in COVID-hit market

CASHED-up lithium miner Galaxy Resources’ falling revenue and write-downs saw the company deliver a loss of US$22 million for the year to June 30, as the company adapted to the COVID-19 pandemic and its crushing of demand for spodumene. 

Galaxy bleeds money in COVID-hit market Galaxy bleeds money in COVID-hit market Galaxy bleeds money in COVID-hit market Galaxy bleeds money in COVID-hit market Galaxy bleeds money in COVID-hit market
The loss was an improvement from the loss of $172 million for the prior corresponding period.