GXY 0.00% $5.28 galaxy resources limited

Galaxy... GXY... Chart..., page-2219

  1. 2,060 Posts.
    lightbulb Created with Sketch. 256
    This is a more accurate commentary for once...but missing SDV in Second Wave

    Cornish lithium dreams may die in South America's salt lakes 3Feb17 Reuters

    "FIRST WAVE

    In Argentina Orocobre is ramping up output from its Olaroz brine operations and is already looking at a second-phase expansion and the construction of a battery-grade hydroxide plant.

    In Australia, Galaxy Resources has just announced the dispatch of its first shipment of spodumene, the hard-rock alternative to brine lithium, from its Mt Cattlin mine.

    Another Australian mine, Mt Marion, owned by Neometals, has also just entered production.

    Spodumene also needs specialist treatment to be converted into something usable by battery manufacturers and this part of the supply chain is controlled by Chinese entities such as Tianqi Lithium, which holds a stake in Australia's existing Greenbushes mine, and Jiangxi Ganfeng, which is an indirect owner of Mt Marion."
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.