Company News Summary
Galaxy Resources Announces Jiangsu Plant Achieves Battery Grade Specs
Original announcement: Galaxy's Jiangsu Plant Achieves Battery Grade Specs
Galaxy Resources advised that lithium carbonate product from its wholly-owned Jiangsu Lithium Carbonate Plant has achieved battery grade quality across all specifications, meeting the Plant's design. This means that as well as adhering to the 99.5% purity criteria, the production now meets the prescribed tolerances for impurities required by its cathode producing customers. Battery grade lithium carbonate must meet stringent specifications, with allowances for only certain levels of impurities such as calcium, magnesium, iron, sulphate and sodium. Sample material will now be delivered to the company's existing clients under off-take framework agreements (13 major battery cathode producers in China and Mitsubishi Corporation of Japan) for qualification testing and confirmation.
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