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.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK