Lithium Asia Conference - Corporate Presentation
Perth, Sep 27, 2012 AEST (ABN Newswire) - Galaxy Resources Limited (
ASX:GXY) is pleased to provide a Company presentation at the 3rd Lithium Asia Conference in Chengdu, China, regarding Galaxy's Lithium pure plays and strength as a global lithium company.
Presentation includes:
LITHIUM PURE PLAY
- Global Lithium Company
- Downstream Integration - Value Add
- Operating mine in Australia
- Lithium carbonate chemical facility in China
- Development flagship lithium potash in Argentina
GLOBAL STRENGTH
- Diversification strategy
- Lithium hard rock and lithium brine assets
- Four continents - Australia, China, Canada and Argentina
- Global partners - China, Japan and Korea
- Established customer base
View the complete Galaxy Resources presentation at the link below:
http://media.abnnewswire.net/media/en/docs/ASX-GXY-605583.pdf
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.
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