Galaxy resources

Nuevo Chief

http://www.galaxyresources.com.au/media/announcements/43f70j7h1gyz50.pdf

Galaxy eyes development options for Argentine project

Stuart McKinnon
Tuesday, January 09, 2017 4:34AM
Galaxy Resources corporate development director Nick Rowley, operations general manager Derek Bryne, managing director Anthony Tse and principal metallurgist Erin Ireland at the Esperance port with the NY Trader in the background.
Image: Galaxy Resources corporate development director Nick Rowley, operations general manager Derek Bryne, managing director Anthony Tse and principal metallurgist Erin Ireland at the Esperance port with the NY Trader in the background.
Galaxy Resources has hosed down speculation that it is considering the sale of a stake in its Sal de Vida lithium project in Argentina as it announced the first shipment of lithium concentrate from its recommissioned Mt Cattlin project near Ravensthorpe.
The company called a trading halt in its shares this morning to respond to a media report that it could sell a stake in the $1.9 billion project as part of a broader plan to fund its development.
“As announced previously, Galaxy is considering the various development options for its assets including the Sal de Vida project,” the company said in a statement.
“This evaluation process is ongoing.
“At this stage there is nothing material to report, and Galaxy will update the market as required.”
Galaxy says the Sal de Vida (Salt of Life) deposit is one of the world’s largest and highest quality undeveloped lithium brine deposits with significant expansion potential.
It claims the project has the potential to generate total annual revenues of about $US215 million and operating cashflow before interest and tax of $US118 million a year at full production rates.
Lithium concentrate loading onto the the NY Trader 1.
Image: Lithium concentrate loading onto the the NY Trader 1.
Galaxy also advised the market this morning it had loaded about 10,000 metric tonnes of lithium concentrate onto the NY Trader 1 vessel at the port of Esperance bound for the port of Lianyungang in China.
Customer, Mitsubishi, is expected to pay Galaxy about $6 million for the shipment within 14 days.
Galaxy’s managing director Anthony Tse said the first shipment from the recommissioned Mt Cattlin project was a significant achievement and an important milestone for the company.
“This is an exciting day for Galaxy and for our customers, it marks another major achievement and signals Galaxy's formal transition back to producer status, elevating it into the ranks of global lithium producing companies,” he said.
"There has been a tremendous amount of hard work with some very long hours put in, under tight and challenging deadlines, to get the operations to the stage where they are at and to allow us to make our first shipment today.”
Galaxy said it was continuing to ramp-up Mt Cattlin with planned production of 160,000 tonnes of lithium concentrate for calendar 2017.
Galaxy officially recommenced mining at Mt Cattlin on December 12 last year using contractor Piacentini & Son.
Mt Cattlin was previously in production between 2009 and 2012, but was closed because of delays with the commissioning of Galaxy’s now-divested processing plant in Jiangsu, China.
Shares in Galaxy were up 2.5 cents, or 4.76 per cent, to 55 cents at 11.30am.

Nuevas subidas del 5,6% y nuevo máximo del año en 66 c.

Tesla absorberá todo el litio actual en el mercado, la empresa promete

Elon Musk's Tesla is example of lithium potential
Mr Tse pointed to US technology company Tesla, headed by billionaire Elon Musk, as an example of the lithium industry's potential, predicting the next wave of investment would be driven by home power storage units, which take households off the electricity grid.

Tesla's Powerwall — a 7 kilowatt per hour (kWh) lithium-ion-battery system that stores electricity generated from rooftop solar panels during the day so electricity can be used during peak-usage times at night — became available in Australia earlier in 2016.

Many experts argue the emerging technology is not yet cost-efficient but Mr Tse said once they were, demand for lithium would rise.

"There are a lot of companies out there [exploring for lithium] but we have to be realistic about how many will get into production," Mr Tse said.

"I think the demand side of the equation is here for the long run, and I think potentially [there are] some future surprises for further growth, not only the electronics and automobile sector but the energy storage sector, which I think will be the next high growth sector.

"Things like home storage and distributor storage will be another end-user segment that will continue to push demand up."

Ha salido lanzada de nuevo

Tesla seguirá impulsando la demanda de litio

Tesla pone en marcha su Gigafábrica de baterías
Esta planta es crucial para lograr sus objetivos de producción masiva de coches eléctricos

REDACCIÓN Y AGENCIAS
05/01/2017 15:39 | Actualizado a 05/01/2017 15:43
Tesla ha comenzado hoy la producción en masa de sus baterías de iones de litio en la denominada Gigafábrica, una enorme planta construida en el desierto de Nevada conjuntamente con la multinacional de electrónica de consumo Panasonic como socia e inversora. Así lo ha anunciado el fabricante de vehículos eléctricos en su perfil de Twiter y Facebook.

Las células cilíndricas 2170, que fueron diseñadas por ambas compañías y miden apenas 70 milímetros por 21 mm, prometen no sólo el máximo rendimiento para varios productos que utilizan baterías eléctricas, incluidos los automovilísticos, sino también aseguran un bajo coste de fabricación
De todos modos, las baterías fabricadas en Nevada no solo irán destinadas al sector de la automoción, la compañía de Elon Musk también las empleará para dar energía a los hogares.

http://www.lavanguardia.com/motor/ac...la-nevada.html

Lithium and graphite have been two of the liveliest sub-sectors in recent years, thanks to a rise in demand from electric vehicles and other growing battery applications, driving dramatic rises in the prices of companies such as lithium miner Galaxy Resources and graphite play Syrah Resources.

http://www.theaustralian.com.au/business/mergers-acquisitions/resources-sector-to-ramp-up-ma-says-taurus-funds-gordon-galt/news-story/4dafaf2cd0c6ac84b44f4bbe9b237595

Cierra en máximos del año, se pone en 67 c

Con al buena racha que llevábamos, qué está pasando hoy?
Esto se hunde señores...

Sí claro, se hunde de 50 c a 67 c en un mes y ahora a 64c,más de un 100% en los últimos 3 meses , más de un 300% de revalirzación en el último año y más de un 1000% en los últimos dos años, je,je
Quiero que se me hundan todas así

He tenido un error con el ordenador y han salido las mismas .He puesto los últimos 3 meses quería poner la anual. Pongo para que veais el rally impresionante del último año. De 8c en Enero 2016 a 65c actual

Vaya sangría lo de hoy, voy a infraponderar a ver que tal se da

Hago mi primera incursión en el foro del amigo steri.
Activo sin duda, a seguir.

No sé si será capaz de retroceder ni siquiera al 33 fibo

A qué hora cotiza el mercado australiano hora española?

Empieza a cotizar a las 00:00 , hora española. A las 12 de la noche, pero en páginas como google finance tienen un retraso de unos 20 minutos.
Yo las conservo todas, tengo más de 40.000 acciones. Está muy fuerte. El litio y la empresa deben de tener buen 2017

Va buscando los máximos del 2012 que fué 1 aud . En 2011 alcanzó los 1,7 y el máximo histórico fué en 2009 en 2,5 aud