08:24 AEST Mar 11, 2011 ABN Newswire (C) 2004-2011 Asia Business News PL. All Rights Reserved.
Perth, Australia (ABN Newswire) -
Galaxy Resources Limited (ASX: GXY) (PINK: GALXF) wishes to present a pictorial update of the company's Jiangsu Lithium Carbonate Project in Jiangsu, PRC.
- No lost time injuries were recorded at Jiangsu site since commencement of the project
- All roads on site are completed
- Most building steelwork and cladding are completed
- Calciner kiln, sulphation kiln and cooler shells have arrived onsite
- Shells to be welded on the ground and lifted into place when support foundations are completed
- Conveyor from the wharf is progressing well
- Major plant and equipment have arrived on site ready for installation
- Jiangsu lithium carbonate project is on schedule
- Lithium carbonate plant commissioning and start-up is scheduled for end Quarter 2, 2011
- MV Ocean Flower has been booked for the first spodumene shipment from Mt Cattlin to China, for end March 2011
For the complete Galaxy announcement including project pictures, please refer to the following link:
http://www.abnnewswire.net/media/en/docs/533004.pdf
About Galaxy Resources Limited:
Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.
The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.
Contact:
Iggy Tan
Managing Director
Galaxy Resources Limited
Tel: +61-8-9215-1700
Email: ir@galaxylithium.com
http://www.galaxylithium.com
