GXY 0.00% $5.28 galaxy resources limited

New Lithium Related Article, page-1180

  1. 375 Posts.
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    Towards the end Anothony said there is an outside possibility to become number 3 producer in the world..... what does that mean? What was in his mind and was trying to say? We have Albamarle, SQM as 1 & 2. To become number 3 you have to become bigger than Ganfeng and Tianqi.

    It's possible if POSCO pays another $200 mIllIon that GXY needs to build the southern part of SDV. It then consolidates both northern and southern SDV projects inside GXY and licenses the POSLx technology. The combined project would have economies of scale and could deliver a 100k tons LCE due to higher recovery rate.
    Last edited by SpaceWalker: 29/10/18
 
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