LITHIUM PLANT TO BE CONSTRUCTED IN CHINA

Galaxy gets nod for plant in China

The West Australian June 4, 2010, 10:04 am

Iggy TanKalgoorlie Miner / Supplied ©

Emerging lithium producer Galaxy Resources has secured a construction permit for its Jiangsu lithium carbonate plant in China.

Galaxy said the permit from the Jiangsu Province Administration Bureau for Industry and Commerce represented the final milestone of the approvals process for its lithium carbonate project.

Galaxy managing director Iggy Tan said the company had already begun bulk earthworks, roadworks, plant foundation piling, site utilities and concrete padding.

“There is still site preparatory work to complete before full construction activity commences on site,” he said.

Galaxy shares were off one cent to $1.04 at 10am.
Sourced & published by Henry Sapiecha

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