Galaxy signs second offtake agreement for Mt Cattlin

Lithium miner Galaxy Resources and its Mt Cattlin project partner General Mining Corporation have signed a second binding offtake agreement for lithium concentrate from the Western Australian project. The second offtake agreement, which also involved a Chinese buyer, would see Galaxy and General Mining sell an additional 15 000 t of lithium concentrate in the 2016 calendar year and 60 000 t in 2017.