GXY 0.00% $5.28 galaxy resources limited

Blue Sky, page-21

  1. 1,658 Posts.
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    Hi @garden .
    This is probably one of the better guides as a reasonable introduction to the 2 methods.
    http://www.visualcapitalist.com/a-cost-comparison-lithium-brine-vs-hard-rock-exploration/

    It really is a rare thing to have a company with both outside the majors.
    There is no doubt that long term SDV is going to be the flagship project for Galaxy but its a hell of a useful thing to have Mt Cattlin already set up with contracts with the independent Chinese spodumene processors and gain the most out of their supply-starved status.
    Nearest term spodumene supply competition is at least a year away (yeah perhaps Nemaska sqeaks in earlier) at the most ultra-optimistic.
    Then we bring on the cheaper brine and deal direct with the battery factories when hard rock gets more crowded.
 
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