GXY 0.00% $5.28 galaxy resources limited

Ann: LPD: Lepidico strategic alliance with Galaxy Resources, page-165

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    What’s ‘L-Max’ all about?

    L-Max is a zero energy footprint process for recovering lithium from micas. Ironically micas are the most abundant lithium mineral but are discarded largely due to the high energy cost associated with more conventional processing techniques. If you can remove the energy from the equation, all of a sudden things that have been perceived to be waste in the past, become ore. Not only is it about low-cost, but also about by-product credits and spreading risk. L-Max does all of that for you. It creates a situation where you have the advantages of:
    • Available waste materials to process (no mining cost)
    • Low energy consumption giving low operating costs
    • Very significant by-product credits in the form of potassium, silicon and aluminium chemicals, and
    • Expanding market with projected supply gaps
    Last edited by Thesi: 14/10/17
 
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