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At the end of the June quarter, Galaxy had around 86,000 tonnes of lithium concentrate produced from its Mt Cattlin mine sitting in a stockpile.

Galaxy flags Mt Cattlin write-down of up to $274m

Galaxy Resources said it expects to record a non-cash impairment charge of between $US150 million ($222 million) and $US185 million ($274 million) for the first half of 2019, reinforcing the current bleak conditions in the lithium sector.

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Total Shareholder Return as at 30/04/20

1 year TSR5 year TSR
640thGalaxy Resources-48%39%
674 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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26/02/20
$29k Bought
26/02/20
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26/02/20
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th-Galaxy Resources$99.2m
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