GXY 0.00% $5.28 galaxy resources limited

new announcement out

  1. 191 Posts.
    GALAXY’S JIANGSU PLANT ACHIEVES BATTERY GRADE SPECS
    Highlights
    ? Lithium carbonate product from Jiangsu meets all battery grade specifications
    ? Plant achieving 99.5% purity required by battery cathode customers
    ? Samples being sent to long term offtake customers
    ? Revenue from technical grade product continues
    ? Revenue flows increasing alongside Jiangsu Plant output.
    ? Company sees positive operational cash flow achieved in Q1 2013
    ? Chinese lithium carbonate prices up 17% since same time last year
    ? 12 months’ worth of spodumene feedstock in reserve for Jiangsu Plant
 
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