What Galaxy Resources does

Galaxy Resources Limited is an Australia-based lithium mining and development company whose primary asset is the Mt Cattlin spodumene mine in Western Australia, which produces spodumene concentrate sold as feedstock for lithium-ion battery manufacturing. The company is also developing the Sal de Vida lithium brine project in Catamarca Province, Argentina, intended to add brine-sourced lithium production to the existing hard-rock operation.

The business model is straightforward upstream mining: Galaxy extracts and sells spodumene concentrate (a lithium-bearing ore) from Mt Cattlin to lithium chemical processors and battery-material manufacturers through direct offtake agreements. The company serves the global battery manufacturing, electric vehicle, and energy storage supply chains as a raw-material supplier. The customer base is described as horizontal across the lithium-ion battery use-case segment, with no named offtake counterparties disclosed.

There is a notable data conflict in the input: one firmographic block describes Galaxy Resources as a Salt Lake City-based staffing and employment-solutions provider with 51–100 employees (website galaxyresourcesut.com), while the more detailed financial and operational records describe an Australia-based public lithium miner trading on OTCMKTS as GALXF. The website galaxyresourcesut.com is a parked GoDaddy domain, indicating no active business under that URL. The publicly traded lithium entity (GALXF) is the substantively documented company in the source material and is treated as the subject of this analysis. Pricing of spodumene concentrate is not publicly disclosed; the company reports a stock closing price of $3.57 with thin daily trading volume (~3,700 shares) on the OTCMKTS.

Name

Galaxy Resources

Legal name

Galaxy Resources Limited

Website

https://galaxyresourcesut.com

Company type

Public

Operating status

Operating

Headcount range

51–100 employees

Short description

Galaxy Resources Limited is an Australia-based lithium mining company operating the Mt Cattlin spodumene mine in Western Australia and developing the Sal de Vida brine project in Argentina to supply lithium raw materials to battery manufacturers and the EV supply chain.

Ownership category

akta.pro rank

Product category

Lithium Mining and Battery Raw Materials

akta.pro primary industry

Lithium Mining & Brine Extraction (IMAKAFAA)

akta.pro secondary industry

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)

Keywords

• Lithium mining operations
• Spodumene concentrate production
• Battery raw materials
• Lithium brine extraction
• Mineral resource extraction

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Lithium/Spodumene Sales: Revenue generated from mining and selling spodumene (lithium ore) extracted from the Mt Cattlin mine in Western Australia and developing the Sal de Vida project in Argentina.

Distribution channels1 record

Core offering

Galaxy Resources is an Australia-based lithium mining and development company that operates the Mt Cattlin spodumene mine in Western Australia, producing spodumene concentrate for sale to lithium and battery material processors, and is developing the Sal de Vida lithium brine project in Catamarca Province, Argentina. The company's revenue is generated from mining and selling spodumene (lithium ore) extracted from Mt Cattlin alongside development of Sal de Vida for future lithium production.

Product overview

Galaxy Resources is an Australia-based lithium mining and development company operating the Mt Cattlin spodumene mine in Western Australia and developing the Sal de Vida lithium project in Argentina. The company operates two distinct mining assets: an active spodumene mine and a development-stage lithium brine project.

Differentiator

Problem solved

Functional benefit

Products and services

• Mt Cattlin Spodumene Mine Operating spodumene mine located in Western Australia that extracts lithium-bearing ore and produces spodumene concentrate for sale to lithium chemical processors and battery material manufacturers serving the EV and energy storage supply chain.
• Sal de Vida Lithium Project Lithium brine project under development in Catamarca Province, Argentina, aimed at lithium extraction for battery production supply chain customers.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Ganfeng Lithium: Vertically integrated Chinese lithium producer with upstream brine, spodumene, and chemical-conversion assets globally. Comparable diversified feedstock model and direct offtake relationships with battery and EV OEMs.
• Tianqi Lithium: Chinese-controlled lithium chemicals and spodumene producer (Greenbushes JV in Australia, Kwinana converter). Comparable upstream-to-downstream model feeding the global battery cathode supply chain.
• Mineral Resources Limited: Operates the Mt Marion spodumene joint venture in Western Australia and has exposure to downstream conversion. Directly comparable to Galaxy on feedstock (spodumene), jurisdiction, and offtake-driven revenue model.
• Livent Corporation: Lithium chemicals producer with Argentine brine assets (Fénix) supplying battery-grade lithium carbonate/hydroxide. Direct comparable on brine upstream + downstream lithium chemicals integration into EV battery supply chains.
• Allkem / Arcadium Lithium: Formed from the merger of Galaxy Resources and Orocobre in 2021, subsequently merged with Livent in 2024. Operates Olaroz brine (Argentina), Mt Cattlin was historically a Galaxy asset integrated here, and James Bay — directly comparable lithium brine + hard-rock producer serving the same downstream.
• SQM: Chilean lithium brine (Salar de Atacama) and chemicals producer with global offtake into battery and EV supply chains. Direct peer on brine extraction economics and downstream lithium chemical supply.
• Pilbara Minerals: ASX-listed Australian spodumene producer (Pilgangoora mine) selling into the same lithium chemical converter / battery-grade downstream market. Closest direct comparable to Galaxy's Mt Cattlin operation on feedstock type, jurisdiction, and customer base.

Regional players

• IGO Limited: ASX-listed diversified miner with a strategic stake in Tianqi's Greenbushes/Kwinana operation. Australian regional peer that competes for capital and offtake positioning across the WA spodumene-to-converter chain.

Emerging players

• Lithium Americas: Development-stage lithium brine developer (Thacker Pass in Nevada, Cauchari-Olaroz in Argentina). Comparable to Galaxy on brine development profile in Argentina and on the EV/battery end-market focus.

Broad incumbents

• Albemarle Corporation: Largest global lithium producer with brine assets in Chile and the US, hard-rock conversion capacity, and integrated specialty chemicals. A broad incumbent that competes with Galaxy across the lithium value chain into the same battery customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/galaxy-resources1

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Galaxy Resources