Galaxy Resources Limited was an Australian public mining company. It was listed on the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

until it merged with fellow lithium producer Orocobre in August 2021 to form Allkem.

Operations

Galaxy Resources was a

lithium mining Lithium (from el, λίθος, lithos, lit=stone) is a chemical element with the symbol Li and atomic number 3. It is a soft, silvery-white alkali metal. Under standard conditions, it is the least dense metal and the least dense solid ele ...

company with projects in Australia, Canada and Argentina. It owned and operated the Mt Cattlin

spodumene Spodumene is a pyroxene mineral consisting of lithium aluminium inosilicate, Li Al( Si O3)2, and is a source of lithium. It occurs as colorless to yellowish, purplish, or lilac kunzite (see below), yellowish-green or emerald-green hiddenite, pri ...

tantalite The mineral group tantalite Fe,_manganese.html"_;"title="iron.html"_;"title="iron">Fe,_manganese">Mn)Tantalum">Ta2oxygen.html" ;"title="manganese">Mn)Tantalum.html" ;"title="iron">Fe,_manganese.html" ;"title="iron.html" ;"title="iron">Fe, manga ...

mine at

Ravensthorpe, Western Australia Ravensthorpe is a town 541 km south-east of Perth and 40 km inland from the south coast of Western Australia. It is the seat of government of the Shire of Ravensthorpe. At the , Ravensthorpe had a population of 438. In 1848, the area w ...

. The mine operated between 2009 and 2012 before being placed on care-and-maintenance between 2013 and 2016. Following a plant refurbishment, mining at Mt Cattlin recommenced in March 2016, with first

tantalum Tantalum is a chemical element with the symbol Ta and atomic number 73. Previously known as ''tantalium'', it is named after Tantalus, a villain in Greek mythology. Tantalum is a very hard, ductile, lustrous, blue-gray transition metal that is ...

production in May 2016. The Sal de Vida lithium brine project, located in

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...

Salta Salta () is the capital and largest city in the Argentine province of the same name. With a population of 618,375 according to the 2010 census, it is also the 7th most-populous city in Argentina. The city serves as the cultural and economic ce ...

and

Catamarca province Catamarca () is a province of Argentina, located in the northwest of the country. The province had a population of 334,568 as per the , and covers an area of 102,602 km2. Its literacy rate is 95.5%. Neighbouring provinces are (clockwise, fr ...

s, and the James Bay Lithium

Pegmatite A pegmatite is an igneous rock showing a very coarse texture, with large interlocking crystals usually greater in size than and sometimes greater than . Most pegmatites are composed of quartz, feldspar, and mica, having a similar silicic com ...

Project in

James Bay James Bay (french: Baie James; cr, ᐐᓂᐯᒄ, Wînipekw, dirty water) is a large body of water located on the southern end of Hudson Bay in Canada. Both bodies of water extend from the Arctic Ocean, of which James Bay is the southernmost par ...

Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirtee ...

, Canada are at a development stage. In May 2016, Galaxy announced a merger with its joint venture partner in the Mt Caitlin mine, General Mining Corporation. Galaxy sold a northern package of tenements on the Hombre Muerto salar to South Korean conglomerate

POSCO POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel-making company headquartered in Pohang, South Korea. It had an output of of crude steel in 2015, making it the world's fourth-largest steelmaker by this measure. In 2010, i ...

for US$280 million in 2018. The sale allowed the company to maintain its original proven and probable reserves of 1.14 million tonnes LCE (

Lithium Carbonate Lithium carbonate is an inorganic compound, the lithium salt (chemistry), salt of carbonate with the chemical formula, formula . This white Salt (chemistry), salt is widely used in the processing of metal oxides. It is listed on the World Health O ...

Equivalent). The measured and indicated resource as at 2016 was 5.67 million tonnes LCE. The company merged with fellow lithium producer Orocobre in August 2021. The resulting company was branded Allkem.

References

{{DEFAULTSORT:Galaxy Resources Companies formerly listed on the Australian Securities Exchange Mining companies of Australia Lithium mining Mining in Western Australia Australian companies established in 1996 Companies based in Western Australia Australian companies disestablished in 2021

Operations

See also

References