Perth, Sep 19, 2008 AEST (ABN Newswire) - In preparation as an emerging lithium producer, the Board of Galaxy Resources Limited (ASX:GXY) is pleased to advise that Mr Ignatius (Iggy) Tan has been appointed as a non-executive director of the Company with immediate effect.
Mr Tan, BSc MBA MAICD, is an experienced operations manager with over 22 years of experience in the mining and chemical industry. He has also a proven background in both marketing and business development. Mr Tan has been in managerial roles with SCM Chemicals and Sons of Gwalia; and General Manager roles at Westlime, Iluka Resources (MW), Imdex Minerals and Metals X Limited. His responsibilities have included the commissioning and operations management of several significant mining and processing projects in Western Australia. Mr Tan managed the Lithium Mineral and Lithium Carbonate plants at Sons of Gwalia, Greenbushes operations in 1995.
Mr Tan is currently Managing Director of Nickelore Limited (ASX:NIO). During his time at Iluka, he won the Prime Minister's Community and Business Partnership award for industry commitment to local communities in WA. Mr Tan is a former Chairman of the Western Australian Chamber of Minerals and Energy's (CME) Murchison Regional Council. He is also a member of the Australian Institute of Company Directors.
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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