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Distributed: Feb 12, 2010

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Sydney, Feb 12, 2010 (ABN Newswire) - SAI Global Limited (ASX:SAI) reported a record half-year net profit after tax of A$13.7M, representing an increase of 33.2% over the corresponding period. A strong contribution from the property services business which includes a sizeable contribution from Espreon, together with continued organic growth, more than offset the adverse impacts of the stronger Australian dollar and the weaker trading conditions experienced by the standards training and automotive assurance businesses.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) said it has received the Project Approval and Business Licence for its China Lithium Carbonate Plant in Jiangsu Province. Both approvals were granted by the Jiangsu Province Administration Bureau for Industry and Commerce and represent the final key milestones for the Company's Lithium Carbonate plant development.

Further to Dynasty Metals Australia Limited's (ASX:DMA) November 2009 announcements regarding its 400Mt flagship deposit on its Prairie Downs tenements in the Pilbara Western Australia, the Directors are pleased to present beneficiation results from three bulk samples and the results from 'handpicked' proof of concept samples.

Contact

Michelle Liang
Asia Business News Asia Bureau
TEL: +61-2-9247-4344
Email: michelle.liang@abnnewswire.net

  Related Companies

>>>        Dynasty Metals Australia Limited
>>>         Galaxy Resources Limited
>>>         SAI Global Limited

  Related Industry Topics:

Metals | E-Commerce | Financial General | Trade & Commerce General | E-Business | IT General | Mining | 

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Dynasty Metals Australia Limited
2012.05.17  08:46 Dynasty Metals Australia Limited (ASX:DMA) Company Presentation
2012.04.30  17:10 Dynasty Metals Australia Limited (ASX:DMA) Quarterly Activities Report
2012.04.19  10:27 Dynasty Metals Australia Limited (ASX:DMA) Drilling Update For the Prairie Downs Project
2012.04.03  14:09 Dynasty Metals Australia Limited (ASX:DMA) Update on Farm-out Joint Venture
2012.03.14  17:56 Dynasty Metals Australia Limited (ASX:DMA) Half-Year Financial Report 31 December 2011
Galaxy Resources Limited
2012.05.24  08:26 Galaxy Resources Limited (ASX:GXY) Galaxy Sells First Lithium Carbonate from Jiangsu
2012.05.22  11:30 Galaxy Resources Limited (ASX:GXY) EL and C Ballieu Research Report
2012.05.16  08:57 Galaxy Resources Limited (ASX:GXY) Welcomes Further Lithium Product Price Increases
2012.05.15  09:08 Galaxy Resources Limited (ASX:GXY) Lithium One (CVE:LI) Merger Information Circular
2012.05.01  14:29 Galaxy Resources Limited (ASX:GXY) Raises $2.25 Million Through Share Purchase Plan
SAI Global Limited
2012.02.14  11:52 SAI Global (ASX:SAI) Reports Solid First Half Growth and Positions For Stronger Growth In FY13
2011.08.17  10:33 Compliance Services Drives SAI Global (ASX:SAI) To New Highs
2010.08.17  09:59 SAI Global Limited (ASX:SAI) Delivers Another Record Result With Net Profit Up 29.2%
2010.03.02  16:21 Ashoka Buildcon Sets The Greenhouse Standard In India
2010.02.11  09:45 SAI Global (ASX:SAI) Delivers Earnings Per Share Growth of 23.9% After a Record First Half
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