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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.



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