Original article by Brad Thompson
The Australian Financial Review – Page: 21 : 30-May-19

Galaxy Resources has revealed plans to acquire a minority stake in a new or existing lithium processing plant in China. The plant will process spodumene concentrate from Galaxy’s Mount Cattlin mine in Western Australia into lithium carbonate or lithium hydroxide. Galaxy chairman Martin Rowley says Mount Cattlin’s remaining mine life is relatively short, so it makes more sense to invest in a Chinese processing plant than to build one in Western Australia. Galaxy recently acquired a stake in rival lithium exporter Alliance Mineral Assets.

CORPORATES
GALAXY RESOURCES LIMITED – ASX GXYALLIANCE MINERAL ASSETS LIMITED – ASX A40POSCOJP MORGAN AUSTRALIA LIMITEDMINERAL RESOURCES LIMITED – ASX MINCOWAN LITHIUM LIMITED – ASX COW