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Galaxy Resources and General Mining jointly own the Mt Cattlin lithium project near Ravensthorpe.

Galaxy to merge with General Mining

Perth miner Galaxy Resources has announced plans to merge with joint venture partner General Mining Corporation to create a larger lithium-focused company, in a deal worth $216 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
184thGalaxy Resources44%42%
272ndMillennium Minerals24%-13%
464thTribune Resources-5%28%
530thTroy Resources-15%-42%
729thAlkane Resources-50%-11%
737 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

28th↑Tribune Resources$136.7m
29th↑Alkane Resources$130.3m
30th↑Galaxy Resources$128.1m
31st↑Troy Resources$116.5m
32nd↓Millennium Minerals$116.0m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Galaxy Resources

45thAnthony Tse$1.072m
109thMartin Rowley$686k
964thGeorge Zhang$84k
Ranked by total remuneration from all listed WA companies

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