GXY galaxy resources limited

galaxy is now offering ev plus grade ® 99.99%, page-4

  1. 1,141 Posts.
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    Good to see the quality is starting to live up to plant design expectations, which they tested in 2010. Thats what you want from a plant, to do what it promises. The quality of hard rock in the tests looks pretty good to compared to brine.

    Not so worried about the 2 cent swings. Maybe HFTs playing long/short. Higher volume is encouraging. If sustained, a matter time till we get a 'long awaited' breakout and hopefully a bit of momentum behind it.

    http://www.abnnewswire.net/press/en/63679/Galaxy_Resources_Limited_%28ASX:GXY%29_Launches_EV_Grade_Lithium_Carbonate.html

    "Interestingly, the Wollongong test work also identified that hard rock based lithium carbonate outperformed the brine based lithium carbonate in battery cycle life capacity test work. This supports anecdotal views in the Chinese lithium battery industry about the advantages and preference of hard rock based lithium carbonate.

    In summary, the Galaxy 'EV Grade' lithium carbonate electrochemical characteristics, in most tests, outperformed all other competitors' battery grade lithium carbonate. In addition, based on the Wollongong University comparative test work, hard rock based lithium carbonate seems to perform better in battery cycle performance compared with brine based lithium carbonate."
 
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