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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