A little bit more from a later ABC report (though of course global issues are centre stage):
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updated August 08, 2011 19:19:00
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"We have just signed an MOU for an industrial park in China and we have just commenced a process for environmental approval."
Mr Tan says adding value to the company's lithium will protect Galaxy from fluctuations in the commodity market.
"If we were just to ship our concentrate out, it is worth just $1 one per lithium unit, by converting it to lithium carbonate it is actually worth $3, by converting it to a battery it is actually worth $500 per lithium unit."
http://www.abc.net.au/news/2011-08-08/lithium-galaxy-electric-bike-batteries/2829358
A little bit more from a later ABC report (though of course...
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