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BRIEF-Galaxy Resources Sees 185,000-200,000 Dmt Of Concentrate Produced From MT Cattlin In 2021

Published 17/03/2021, 08:31 am
© Reuters.
GXY
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March 17 (Reuters) - Galaxy Resources Ltd GXY.AX :

* SEES 185,000-200,000 DMT OF CONCENTRATE PRODUCED FROM MT CATTLIN IN 2021

* FY20 TOTAL MATERIAL MINED 1.8 MILLION BCM AT MT CATTLIN

* PRODUCT GRADE TARGET NOW 5.6-5.8% LI2O FOR 2021 AT MT CATTLIN

* ESTIMATED PRODUCTION FOR Q1 IS 45-48 KT FROM MT CATTLIN

* MT CATTLIN Q2 SHIPMENTS TO BE CONTRACTED IN APRIL

* UNIT MINING COSTS DECLINED FROM $14.64 /BCM OVER 2020 TO $10.42/BCM IN FEB 2021 FOR MT CATTLIN

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