Top 10 lithium producers

Dale Benton
|Apr 15|magazine1 min read

9. Galaxy Resources Limited

Recognized as one of the hot lithium mining companies of 2017, Galaxy stock reportedly shot up more than 300 percent. Focused on key lithium regions such as the Sal de Vida project in northern Argentina, Mount Cattlin in Australia and James Bay in Quebec, Galaxy taps into major and manageable deposits. The James Bay operation has a potential yield of 11.75 million tonnes with the Sal de Vida project residing in the “Lithium Triangle,” home to 60 percent of the world’s reserves. Mount Cattlin has an output of 137,000 tonnes per annum. The focus on tried-and-true lithium reserves has this mining company on a two-year upswing. However, stocks have declined through the first half of 2017.