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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