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Latest News

Notice of Results 2018 AGM
30-Nov-2018

30 November 2018 Creat Resources Holdings Limited ("CRHL" or "the Company") Result of Annual General Meeting Creat Resources Hold..

Notice of AGM and Posting of Proxies
23-Oct-2018

Creat Resources Holdings Limited (ACN 089 093 943) NOTICE OF ANNUAL GENERAL MEETING, EXPLANATORY STATEMENT ..

Notice of AGM and posting of Annual Report 2017
28-Sep-2017

Creat Resources Holdings Limited ("CRHL" or "the Company") Notice of General Meeting and Posting of Annual Report Creat Re..

Galaxy Update - First Commercial Spodumene Shipment 31-May-2012

31 MAY 2012

Creat Resources Holdings Limited

("CRHL" or "the Company")
Galaxy Update –First Commercial Shipment of Mt Cattlin Spodumene

 

Creat Resources Holdings Limited ("CRHL") (AIM: CRHL)is pleased toannounce that ASX-listed Galaxy Resources Limited ("Galaxy"), in which CRHL has a major shareholding,announced the first commercial sale of spodumene concentrate from its wholly-owned Mt Cattlin Spodumene Project in Western Australia.  The sale, which is valued in excess of A$5.5 million, represents the first significant lithium revenue stream for Mt Cattlin.

 

Galaxy Managing Director, Iggy Tan, said: “Between the sale of this spodumene shipment and the first sale of lithium carbonate from our Jiangsu Plant, significant revenue flow into the business has commenced. As we ramp up production at Jiangsu, further sales of lithium carbonate will occur under the long term offtake framework agreements we have in place with customers.”

 

Galaxy has long term offtake framework agreements signed with 13 major cathode producers in China and Mitsubishi Corporation of Japan (5,000 tonnes per annum) for 100% of the Jiangsu Plant’s design capacity of 17,000 tonnes per annum of lithium carbonate.

 

Galaxy announcementin full:

http://www.galaxyresources.com.au/documents/DocGXY234-GalaxySellsFirstCommercialShipmentofMtCattlinSpodumene.pdf

 

For further information please visit www.creatresources.com or contact:

 

Creat Resources Holdings Limited

 

Tel: +61 3 6216 2700     

Morris R. Hansen, Company Secretary

 

 

 

 

 

Daniel Stewart & Co Plc(Nominated Adviser& Broker)

Paul Shackleton

 

Tel: +44 20 77766550     

Matt Wilson

 

 

 

About Creat Resources Holdings Limited

 

CRHL is an early stage mining exploration company holding 4 Exploration Licences and 3 Retention Licences covering 109 square kilometres around the mineral rich Zeehan area in western Tasmania. CRHL also has a strategy of acquiring assets in interesting resources companies that complement or supplement the Company's exploration activities. CRHL is a major shareholder of Galaxy Resources Ltd ("Galaxy") with an interest of 10.47% shareholding. Galaxy is an Australian-based integrated lithium mining, chemicals and battery company listed on the Australian Securities Exchange (Code: GXY) and is a S&P/ASX 300 Index Company. Galaxy plans to be one of the world's largest lithium carbonate producers and is positioning itself to be involved in every step of the lithium supply chain.