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clock Created with Sketch. 25/05/17
13:52
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Originally posted by RiC088
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MT CATTLIN SALES UPDATE Galaxy has now booked the next vessel shipment for the first week of June. This shipment will be the first at 2017 contract pricing terms of US$830 for 5.5% lithium oxide concentrate, and up to US$905 for 6.0% grade equivalent. first tantalum sale, for 1,927lbs Ta2O5. Tantalum production for the remainder of 2017 is budgeted to exceed 24000lb. Lastly, Galaxy can also report that its offtake partners in China have successfully commenced production and sale of lithium hydroxide converted from Mt Cattlin supplied lithium concentrate.
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This shipment alone is worth $ 138,453,000.00 AUD based on an average cost per Metric ton of $867.50 and todays USD exchange rate of $1.33 AUD per usd.
