Downer
HomeMining Industry News First lithium shipment from Mt Cattlin mine on its way to China

First lithium shipment from Mt Cattlin mine on its way to China

Wednesday 4th of January 2017 09:45:23 AM



With Galaxy Resources sending off their first shipment of lithium from its recommissioned Mt Cattlin mine near Ravensthorpe, Western Australia continues to stake its claim as the world’s lithium mining capital.

Leaving the Esperance Port on January 2 was the NY Trader with approximately 10,000 tonnes of lithium concentrate aboard bound for Lianyungang Port in China.

The first shipment was valued at $US6 million, with Galaxy planning production of 160,000 tonnes this year.

Mt Cattlin was restarted by Michael Fotios whose company General Mining Corporation was acquired by Galaxy in a $217 million takeover last year.

The restart included refurbishing the Mt Cattlin processing plant and doubling throughput to about 1.6 million tonnes per annum, while the cost of the works blew out from an initial estimate of $15 million to $22.4 million.

Galaxy's managing director Anthony Tse said production at Mt Cattlin continued to ramp up with daily plant utilisation now averaging 72 per cent.



Read Full Story Here

Recent Related News

First lithium shipment from Mt Cattlin mine on its way to China

Wednesday 4th of January 2017 09:45:23 AM

With Galaxy Resources sending off their first shipment of lithium from its recommissioned Mt Cattlin mine near Ravensthorpe, Western Australia continues to stake its claim as the world’s lithium mining capital. Leaving the Esperance Port on January 2 was the NY Trader with approximately 10,000 ....


Galaxy Resources and General Mining Merge in a million-dollar deal

Tuesday 31st of May 2016 09:31:07 AM

Perth miner Galaxy Resources has announced plans to merge with joint venture partner General Mining Corporation to create a larger lithium-focused company, in a deal worth $216 million. The deal would be the first major tie up in the local lithium space as demand for lithium-ion batteries used ....


General Mining and Galaxy restart Mt Cattlin in joint venture

Monday 4th of April 2016 08:53:53 AM

General Mining and Galaxy Resources have announced their joint venture to restart the mining and processing at Mt Cattlin project near Ravensthorpe. Under the terms of a $25 million earn-in agreement between the two companies, General Mining has qualified for a 14 per cent equity stake in the ....


GMM Re-Starts Mt Cattlin

Monday 9th of February 2015 01:37:16 PM

General Mining will re-start Galaxy Resources Mt Cattlin spodumene and tantalum project near Ravensthorpe under a three-year lease agreement. Under the terms of the deal, General Mining will pay Galaxy a $2.5 million annual lease fee and a 10 per cent production royalty over three years. GMM ....


Lower Price Accepted For Galaxy's Jiangsu Plant

Monday 2nd of February 2015 12:18:09 PM

A Lithium-focused resources company has had to accept a significantly lower price for its Jiangsu lithium processing plant in China after the buyer turned down the $US230 million asking price. Galaxy Resources, selling price has now dropped back to $US173.2 million, meaning the Australian dollar ....


Y Fronts teaser banner MiningLink prefered resume writers Civil Link Banner
Operator Maintainer
Bis Industries requires an Operator Maintainer to join our operations at Karara, this is offered FIFO on 2:1 roster from Perth, come join the team!

Mc Truck Drivers Gunnedah
Bis Industries is seeking MC Drivers commencing at Gunnedah on a Monday to Friday roster and every other Saturday as required.

Mc Drivers Goldfields
Seeking expressions of interest from experienced MC Drivers, in consideration for multiple opportunities across our operations in the Goldfields.

Auto Electrician
Seeking an experienced Auto Electrician for a FIFO role, 2/1 roster ex Perth. Immediate start.

Senior Whse Advisor
Seeking a Senior WHSE Advisor to provide on-site advisory support across the WHSE and Training functions for our operations in the Southwest.

Prelude Arrives In Australia
Shell Australia's Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters this week after its 5,800km journey from the Samsung Heavy Industries shipyard in Geoje, ....

Australia's Largest Testing Rig Unveiled In Rocky
Siemens has invested $5 million into the Rockhampton Service Centre, which unveiled this week, Australia’s largest and most advanced gearbox load test rig for mining, wind power and other core ....

Dinosaur Find At Qld Mine Site
Palaeontologists and volunteers will work over the next month excavating and studying 30,000-year-old dinosaur bones at the South Walker Creek mine in Central Queensland. The team of eight people, ....

Black Thoated Finch Puts New Coal Mine At Risk
The controversial black throated finch is back to cause problems for Adani with a fresh legal challenge over the planned Carmichael coalmine. New advice has found the federal environment ....

Monadelphous Awarded $55M In Contracts
Monadelphous Group Limited announced on Wednesday it has been awarded a number of new work packages with a combined value of approximately $55 million. The engineering company will carry out ....

iComplii