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re: Ann: Galaxy Commences Lithium Hydroxide E... All part of the...

  1. forthelonghaul
    74 Posts.
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    25/01/12
    10:25
    Post #: 9595563
    re: Ann: Galaxy Commences Lithium Hydroxide E... All part of the plan. Everything is coming together...

    - potential to produce 5000 tpa of battery grade lithium hydroxide (in addition to the 17,000tpa of lithium carbonate
    - battery grade lithium hydroxide attracts higher premiums of around $1,000-$2,000 PER TONNE more than lithium carbonate (I like this sort of maths)
    - the site just happens to be free next door to the Carbonate plant at Jiangsu... reducing incremental operating costs

    Great news. The Galaxy story continues to hot up!
    GXY Price at posting: 30.2¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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