Galaxy lithium concentrate to reach China in January

By Myles McCormick
Published: Friday, 16 December 2016

The company expects to ship spodumene every month, honouring deals agreed at 2016 prices until March/April, before it begins to move material for prices agreed at significantly higher 2017 levels.

Galaxy Resources Ltd’s first shipment of 8,500 tonnes lithium concentrate is expected to reach China in mid-to-late January.

The company’s entry onto the lithium market with the recommissioning of its Mt Cattlin facility has been widely anticipated by the industry, with buyers hoping its shipments of lithium concentrate will ease...

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