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Galaxy's Mt Catllin spudumene mine near Ravensthorpe.

Galaxy announces plan to create $500m lithium miner

Western Australia-based lithium miner Galaxy Resources has announced it will acquire Canada’s Lithium One to create the largest pure-play lithium company in the world, with a market capitalisation of just under $500 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
230thGalaxy Resources44%51%
721 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

th-Galaxy Resources$128.1m
506 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Galaxy Resources

51stAnthony Tse$1.072m
124thMartin Rowley$686k
1032ndGeorge Zhang$84k
Ranked by total remuneration from all listed WA companies

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