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Galaxy Resources Ltd.


Galaxy Resources Ltd. is an Australia-based global lithium company with production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina. Galaxy owns 100% of the Jiangsu lithium carbonate plant in China's Jiangsu province, the Mt Cattlin spodumene project near Ravensthorpe in western Australia and the James Bay lithium pegmatite project in Quebec, Canada. The company is also advancing plans to develop the Sal de Vida lithium and potash brine project situated in Argentina's lithium triangle (where Chile, Argentina and Bolivia meet), which is currently the source of 60% of global lithium production.

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Comments:

Tony Wiggins, E.I.M. Capital Managers (11/18/14) "In August, Galaxy Resources Ltd. made the final payment to acquire outstanding land holdings over its Sal de Vida lithium brine project in Argentina, giving the company 100% ownership of the land covering areas of potential production and surface evaporation. . .the Sal de Vida prospect is located in the northwest of Argentina's 'Lithium Triangle' of established and developing lithium producers."

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