Galaxy to develop new mine in China
Galaxy Australia's Rock Phosphate miner has established a 100% owned investment subsidiary in Hong Kong named Galaxy Lithium International to develop the Jiangsu lithium carbonate project and plans a 17,000 tonne per annum lithium carbonate plant in China.
Lower production costs and increasing Lithium demand from Asia are the driving forces...
(I hold GXY)
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.
|