I’d prefer to see a Joint Venture with POSCO as the dark horse in relation to a converter.
The Sal de Vida both the northern and southern tenants may be easy to process, as they may be of similar grades.
Perhaps Galaxy could focus on mining both tenants, as POSCO focuses on a converter, to batteries as I've mentioned in the past?
How about Jarvis Bay and/or Mount Cattlin as far as grades go, would they be of similar quality?
Then there are POSCOS other mining interests, would their grades be of similar quality, or more to the point, have similar impurities to isolate?
The converter may be located in a central position as far as the mines go, South Korea perhaps.
The converter in question may take approximately five years to build taking lots of money and expertise however, this may be a long-term idea worth looking at.
In the meantime Galaxy uses the current, lithium contracts, with the current converters till these contracts expire.
- Forums
- ASX - By Stock
- GXY
- Banter and General Comments
Banter and General Comments, page-7897
-
- There are more pages in this discussion • 13,135 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online