GXY 0.00% $5.28 galaxy resources limited

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  1. 8,739 Posts.
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    Sorry I didn't get back to you @Juno it'd been on my to do.

    Anyone had a look into the processors in the market?

    One that stands out to me is General Lithium.

    They process 6000tpa of carbonate plus various other lithium products and are in Jiangsu.

    The company is privately owned and their president just happens to be attending the same forum as Anthony Tse in the USA later next month at the same time as Hatch who from my recollection have signed with Galaxy Resources to construct Sal De Vida.

    If Galaxy Resources can sell spodumene with a small vertical integration whilst constructing both Sal De Vida and James Bay they have a good chance to multiply their income by many fold.

    It's ironic the company is called General Lithium. Generals must make great partnerships.

    I am speculating that there is further discussion tied to this with Mitsubishi who will through their own contacts need to boost EV production in the same way Volkswagen are making a push since their own PR nightmare.

    Check out www.palith.com
 
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