Page 49 - Mt Cattlin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Plans to sell a stake in Galaxy’s Sal de Vida project have been iced on signs the company can pay its own way – for now.

The Aussie stocks ready to benefit from electric vehicles While many investors may be priced out of investing in stocks like Tesla, there are other ways to play the EV story. Share The first name that comes to most people’s minds when they think of electric vehicle stocks is Tesla. The US mega-cap has become synonymous with the movement to electrify the automobile space but its surging share price has made it a difficult investment proposition. Despite producing just more than 500,000 cars in 2020, Tesla’s market capitalisation of $US673.8 billion ($886 billion) values it at almost three ...

Why the Galaxy Resources (ASX:GXY) share price is falling today Nikhil Gangaram | March 17, 2021 11:27am | More on: Image source: Getty Images Galaxy Resources Limited(ASX: GXY) shares are sinking today after the company released an update to the market earlier this morning. At the time of writing the Galaxy share price is trading 1.59% lower at $2.47. Here’s what the company had to say. Update on resource and ore reserves The Galaxy share price is sliding lower today after the company updated the mineral resource and ore reserve estimates for its Mt Cattlin operatio...

Galaxy looks to grow as lithium revival charges Mt Cattlin Save Share Galaxy Resources chief executive Simon Hay believes the Mt Cattlin mine’s days as a cash drain are over, as rising lithium prices revive the Western Australian asset at a time when the company aims to spend close to $US400 million ($515.5 million) on US growth projects. Galaxy boss Simon Hay says European customers want a low-carbon supply chain for raw materials.  Wolter Peeters Mr Hay last week revealed a $US244 million price tag for Galaxy’s James Bay lithium project in Canada and said the cost of building t...

Posted on 401 Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) (“Altius” or the “Corporation”) is pleased to provide the following update: Lithium Royalty Corporation (“LRC”) LRC, of which Altius is a 12.6% founding level investor, has agreed to a US$40 million investment by New York based private equity firm Riverstone Holdings, part of a larger US$70.7 million offering by LRC. Pursuant to this investment Altius has exercised its pro-rata equity participation right (through investments in affiliated limited partner...