Sydney, Oct 11, 2007 (ABN Newswire) - Galaxy Resources Limited (ASX: GXY) - Mt Cattlin Drilling Update - Mr Michael Fotios, MD; Galaxy Resources Limited (ASX: GXY) present the following audio webcast regarding "Mt Cattlin Drilling Update". You may also download this audio webcast to your computer or portable audio player.
Broadcaster: Galaxy Resources Limited (ASX: GXY)
Broadcast Title: Mt Cattlin Drilling Update
Broadcast Type: Audio stream
Audio webcast Link:
http://abnnewswire.net/alnk/C6389T93
Listen to the Audio stream and view the announcement for Galaxy Resources Limited (ASX: GXY) below.
http://abnnewswire.net/vlnk/6NZ31876
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About Galaxy Resources Limited
Galaxy Resources Limited (ASX:GXY) (OTCMKTS:GALXF) is an international S&P / ASX 200 Index company with lithium production facilities, hard rock mines and brine assets in Australia, Canada and Argentina. It wholly owns and operates the Mt Cattlin mine in Ravensthorpe Western Australia, which is currently producing spodumene and tantalum concentrate, and the James Bay lithium pegmatite project in Quebec, Canada.
Galaxy is advancing plans to develop the Sal de Vida lithium and potash brine project in Argentina situated in the lithium triangle (where Chile, Argentina and Bolivia meet), which is currently the source of 60% of global lithium production. Sal de Vida has excellent potential as a low cost brine-based lithium carbonate production facility.
Lithium compounds are used in the manufacture of ceramics, glass, and consumer electronics and are an essential cathode material for long life lithium-ion batteries used in hybrid and electric vehicles, as well as mass energy storage systems. Galaxy is bullish about the global lithium demand outlook and is aiming to become a major producer of lithium products.
