GXY 0.00% $5.28 galaxy resources limited

Ann: Mt Cattlin Mining Approval Granted , page-21

  1. 162 Posts.
    PP yes they're production costs may be cheaper but the overall purity of the final product is also inferior.

    For example the residue lithium carbonate remaining after the evaporation would not be suitable to export to Toyota or Toshiba for use in batteries, These companies would have to process it further to make it an acceptable purity to be used in their batteries.

    The other thing is I'd rather have my lithium produced in China rather than "stable" south America simply because its closer to the end user and more clients can be generated faster in bustling Asia.

    Also new announcement for key positions for GXY plant in China posted today.

    Await your reply............

    From your post it sounds like your angry and therefore probably hold ORE shares. Nothing wrong with that. They're both up the same amount in most days anyway. I'm just excitd about the prospects of how GXY is going about it.
 
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