Galaxy Resources Revealed September Quarter Figures

  • Oct 24, 2019 AEDT
  • Team Kalkine

Global lithium company, Galaxy Resources Limited (ASX: GXY) shipped 58,278 dmt (dry metric tonnes) of lithium concentrate during September quarter. During the quarter, the company produced 50,014 dmt of lithium concentrate from Mt Cattlin. The company confirmed that its Mt Cattlin production output remains on track to meet full year production guidance.

During the quarter, the company was focused on maintaining the consistency of final product quality and low unit operating cash costs.

At the end of September quarter, the company had cash of USD 169 million and debt of USD 32 million.


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