GXY 2.27% $1.18 galaxy resources limited

Livent are a fair way behind Albermale, SQM, Ganfeng and Tianqi....

  1. 1,131 Posts.
    lightbulb Created with Sketch. 1078

    Livent are a fair way behind Albermale, SQM, Ganfeng and Tianqi. They have said they are looking to acquire Australian and Argentine assets.

    Yahua and Ruifu = 40kt LCE increase in production by end of 2019. With basically all of the forecast Spod/brine supply lock up, it looks like Galaxy are in a great position to get what they want in any deal at SDV. It appears that any deal at SDV will almost certainly involve Mt Catlin and James Bay.

    Galaxy expect 25kt pa LCE from SDV, however they have said the potential JV has asked in 50kt pa LCE is doable.

    220kt 6% spod from MC will produce 27.5kt LCE assuming which is exactly 50kt pa LCE short of the earmarked increase in LCE production for Yahua and Ruifu of 87kt pa. So where will they get the 50kt pa LCE from???? and by the end of 2019.

    6% Spod (tonne)

    8






    Carbonate/Hydroxide (tonne)

    1














    2018

    2019



    Ex China

    Spod 6%

    LCE

    Spod 6%

    LCE

    Owner

    Partner

    Greenbushes

    100,000

    12,500

    150,000

    18,750

    Tianqi

    Albermale

    Mount Marion

    418,000

    52,250

    500,000

    62,500

    Ganfeng

    Mineral Resources

    Mt Cattlin

    150,000

    18,750

    220,000

    27,500

    Galaxy


    Pilgangoora

    48,000

    6,000

    320,000

    40,000

    Pilbra


    Pilgangoora

    20,000

    2,500

    220,000

    27,500

    Altura


    Bald Hill

    50,000

    6,250

    180,000

    22,500

    Alliance Minerals


    Mibra

    90,000

    11,250

    180,000

    22,500

    AMG Lithium


    Mount Holland

    0

    0

    220,000

    27,500

    Kidman

    SQM

    Wongina

    0

    0

    250,000

    31,250

    Mineral Resources


    Total T

    876,000

    109,500

    2,240,000

    280,000








    Addition convertors to be built


    Albermale


    64,000


    80,000

    100,000

    CORFO Kemerton WA






    50,000

    Mineral Resources Wodgina

    SQM


    48,000


    100,000

    46,000

    kidman Mount Holland

    Livent


    18,000


    30,000



    Orocobre


    12,500


    14,000

    10,000

    Toyota Fukashima

    Tianqi


    50,000


    59,000

    48,000


    Ganfeng


    79,000


    100,000



    Sichuan Yahua


    12,000


    22,000



    Shandong Ruifu


    35,000


    65,000










    LCE


    318,500


    470,000

    254,000


    6% Spod required


    2,548,000


    3,760,000

    2,032,000


 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist
(20min delay)
Last
$1.18
Change
-0.028(2.27%)
Mkt cap ! $495.3M
Open High Low Value Volume
$1.19 $1.20 $1.17 $456.6K 385.7K

Buyers (Bids)

No. Vol. Price($)
10 255240 $1.18
 

Sellers (Offers)

Price($) Vol. No.
$1.19 3143 6
View Market Depth
Last update - 10.51am 21/08/2019 (20 minute delay) ?
(live)
Last
$1.19
  Change
-0.028 ( 2.18 %)
Open High Low Volume
$1.19 $1.19 $1.17 100455
Last updated 11.09am 21/08/2019 (live) ?
GXY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.