GXY
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0.00% $5.28 galaxy resources limited

ann out: jiangsu achieves 99.9%, page-22

  1. kacy
    11,691 Posts.
    lightbulb Created with Sketch. 558
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    08/03/13
    15:54
    Post #: 11515817
    invertedva, that stuff was all mentioned on the previous slides....

    Spot prices in China is over US$7,000/tonne for battery grade and US$6,250/tonne for technical grade product. (Plus 20-30% more for 99.9% grade)

    Non rechargeable battery market forecast to grow by 20% in five years = 20,000t LCE additional requirement
    Rechargeable battery market forecast to grow by ˜ 200% in five years = 90,000t LCE additional requirement
    GXY Price at posting: 13.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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