April 23 (Reuters) - Galaxy Resources Ltd GXY.AX :
* QTRLY PRODUCTION VOLUME OF 14,306 DRY METRIC TONNES OF LITHIUM CONCENTRATE AT MT CATTLIN
* 20% SALARY CUT APPLIED TO BOARD & EXECUTIVE TEAMS
* LITHIUM CONCENTRATE PRODUCTION VOLUME FOR Q2 2020 EXPECTED TO BE BETWEEN 25,000 - 30,000 DMT
* DESPITE CONTINUED UNDERPERFORMANCE IN Q1 2020, LITHIUM SECTOR OUTLOOK STILL POSITIVE IN MID-TERM
* GALAXY RESOURCES-REMAINS ON TRACK TO ACHIEVE KEY OPERATING PARAMETERS OF MINE & PROCESSING PLAN FOR 2020
* FULL IMPACT OF COVID-19 ON SALES REMAINS UNCERTAIN & FLUID