ann: ramp up progress continues, page-2

Highlights
? Galaxy’s Jiangsu Plant produced 350 tonnes of lithium carbonate in August - ahead of ramp up schedule
? Sales for August totalled 268 tonnes, generating revenue in excess of A$1.6 million (RMB10.5 million) ? Initial battery grade lithium carbonate sales commence
? Over 30 potential customers provided with battery grade samples for product qualification
? Product continues to meet all battery grade specifications on impurity profiles ? Plant achieving purity of 99.5% and above as required by battery cathode customers
? Company remains on track to achieve positive operational cash flow at Jiangsu in Q1 2013