GXY galaxy resources limited

"South Korea's Posco is visiting Chile and Argentina this week...

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    "South Korea's Posco is visiting Chile and Argentina this week in a bid to find the right salar, or salt lake, to produce lithium at low cost"

    "Posco unveiled a new chemical lithium extraction technology that reduces recovery time from around 12 months to just eight hours on Tuesday at a pilot plant site in northern Chile.

    The technology, which was developed by Posco's own research unit, also increases the lithium recovery rate from a maximum of 50% using traditional evaporation ponds to more than 80%. "Our process eliminates the use of evaporation ponds, thus becoming more efficient, eco-friendly and non-dependent on climatic conditions. It should be a suitable alternative for any new brine project going forward"

    http://www.bnamericas.com/news/mining/posco-in-search-of-lowest-cost-salar-to-produce-lithium-with-new-technology1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BusinessNewsAmericas-TopStoriesEN+%28Business+News+Americas+-+Top+Stories+EN%29

    Maybe they will be talking to Sal de Vida's Korean Consortium. 6 projects in Argentina, so any one's guess.



 
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