Mitsubishi's galactic moves

GALAXY Resources has told international trading house Mitsubishi to nominate its chosen vessel as first shipment of Mt Cattlin lithium from Esperance Port draws nearer.

Mitsubishi's galactic moves Mitsubishi's galactic moves Mitsubishi's galactic moves Mitsubishi's galactic moves Mitsubishi's galactic moves

Stockpile from Mt Cattlin

The lithium concentrate product was approved by the Esperance Port Authority, paving the way for trucking to the port to start by the end of the week and first shipment by the end of the year.

Under a sales and distribution agreement signed in 2015 Mitsubishi  – a top-tier international trader in the lithium supply chain – has rights to 100% of the lithium bearing spodumene concentrate from Mt Cattlin for the next four years.

Mitsubishi used to be Mt Cattlin’s best customer, before the Ravensthorpe mine was mothballed in 2012.

Design changes to the processing plant flowsheet have led to production of lithium concentrate around 5.5% lithium with a mica concentration of about 5%.

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