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Chinese group pulls $66m Galaxy investment

A blast and subsequent shutdown of Galaxy Resources’ Chinese processing plant has cost the miner a potential $66.2 million cornerstone investment from the East China Mineral Exploration & Development Bureau.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
31stEuropean Cobalt488%-21%
397thGalaxy Resources9%39%
491stRift Valley Resources-4%-11%
653rdCaeneus Minerals-33%-38%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/17
$140k Bought
21/12/17
$626k Other
18/07/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

315th↓Rift Valley Resources$14k
316th↑Caeneus Minerals$14k
317th↓Galaxy Resources$13k
318th↓Odin Energy$13k
319th↓European Cobalt$12k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Galaxy Resources

56thAnthony Tse$1.072m
132ndMartin Rowley$686k
1089thGeorge Zhang$84k
Ranked by total remuneration from all listed WA companies

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