Galaxy Resources Mining News

POSCO to buy lithium mining rights in Argentina from Galaxy

The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.

Battery boom skeptics seen driving short holdings in lithium miners

Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.

Australia's Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln

The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.