GXY galaxy resources limited

40c, page-9

  1. 11,779 Posts.
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    "The FIRB will likely have a long hard look at any Chinese takeover because of the recent Talison sale to China."

    I was thinking the same thing. But most of GXY's assets are now overseas. So if firb is a no-go, China could still takeover GXY and leave 51% of the WA projects in Aus hands (demerge, like ozl did). Then they can feed the battery factory from Talison's mine and buy more spodumene from Mt Catlin if they need it. If they dont do this and build another battery plant for Talison's spodumene they will be competing against gxy on the open market. A bitter TO fight between China and Rockwood for GXY seems a definite possibility. I say bring it on!
 
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