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0.00% $5.28 galaxy resources limited

Highlights? Galaxy’s Jiangsu Plant produced 350 tonnes of...

  1. Reiner001
    12,605 Posts.
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    07/09/12
    08:33
    Post #: 10684101
    Highlights
    ? Galaxy’s Jiangsu Plant produced 350 tonnes of lithium carbonate in August - ahead of ramp up schedule
    ? Sales for August totalled 268 tonnes, generating revenue in excess of A$1.6 million (RMB10.5 million) ? Initial battery grade lithium carbonate sales commence
    ? Over 30 potential customers provided with battery grade samples for product qualification
    ? Product continues to meet all battery grade specifications on impurity profiles ? Plant achieving purity of 99.5% and above as required by battery cathode customers
    ? Company remains on track to achieve positive operational cash flow at Jiangsu in Q1 2013
    GXY Price at posting: 14.9¢ Sentiment: None Disclosure: Held
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