About Galaxy Resources
Galaxy Resources is a company based in Perth (Australia) founded in 1996, and was acquired by Orocobre in April 2021. Lithium deposits are explored and mined by Galaxy Resources. Its chief executive, as recorded, is Simon Hay.
Company details
Galaxy Resources was founded in 1996 and is based in Applecross, Australia. Operations are centered in the mining sector, where lithium deposits are explored and developed. Exploration activities are undertaken to locate viable resources, while mining efforts are directed toward extraction and processing. The focus remains on lithium, essential for battery production, with activities spanning Australian sites under CEO Simon Hays direction.
Funding Insights of Galaxy Resources
- Total Rounds 3
- Last Round Post-IPO — $90.97M
- First Round $125.77M
(Apr 2011)
- Investors Count 1
All 3 funding rounds of Galaxy Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $90.97M | Post-IPO | – | – | – |
| Feb 2019 | $92.09M | Post-IPO | – | – | |
| Apr 2011 | $125.77M | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Galaxy Resources
Galaxy Resources has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Orocobre and Fengli.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| fengli.net | ||||
Provider of lithium carbonate, boron minerals, and refined chemicals | 2007 | orocobre.com | Brisbane, Australia |
Investor details for Galaxy Resources
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Galaxy Resources
1 people are tracked at Galaxy Resources (1 in leadership).
| Name | Role | Group |
|---|---|---|
Simon Hay | CEO | Leadership |
Complete people profiles for Galaxy Resources
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Galaxy Resources
5 dated milestones of Galaxy Resources across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Galaxy Resources is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $125.8M.
- Funding Latest funding round, Post-IPO, of $91.0M.
- Exit Acquired by Orocobre.
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Frequently Asked Questions about Galaxy Resources
Galaxy Resources was founded in 1996 and raised its 1st funding round 15 years after it was founded.
Galaxy Resources is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Simon Hay is the CEO of Galaxy Resources, as recorded in our data.
Galaxy Resources was founded in 1996 and is based in Applecross, Australia. Operations are centered in the mining sector, where lithium deposits are explored and developed. Exploration activities are undertaken to locate viable resources, while mining efforts are directed toward extraction and processing. The focus remains on lithium, essential for battery production, with activities spanning Australian sites under CEO Simon Hays direction.
Galaxy Resources has 2 investors. Key investors include Orocobre, and Fengli.
Yes. Galaxy Resources was acquired by Orocobre in April 2021.