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Old 03-28-2011, 02:24 AM
Sparty Sparty is offline
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Default GXY ships first Spodumene (Lithium) to China

Highlights
  • Galaxy ships first spodumene from Mt Cattlin
  • Approximately 6,500 tonnes of spodumene was loaded on the MV Ocean Flower bound for the Zhangjiagang Port, China
  • Shipment will be used at the Company?s lithium carbonate production facility
  • Ramp up at Mt Cattlin progressing well, daily spodumene production averaging 70% capacity
Galaxy Resources Limited (ASX: GXY, (Galaxy) is pleased to announce it has successfully loaded its first shipment of spodumene at the Bunbury Port in Western Australia. A total of approximately 6,500 tonnes of spodumene was loaded on the MV Ocean Flower bound for the Zhangjiagang Port in the Peoples Republic of China.

Galaxy Resources Managing Director, Iggy Tan, said the first shipment of spodumene was an important milestone for the company: Download the announcement
Galaxy is providing Australia with a fully integrated vertical model where $1 of spodumene is converted to $500 of product.
Galaxy shipped its first tantalum last week.



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