Galaxy Resources’ Jiangsu lithium carbonate plant has successfully completed a planned maintenance shutdown period. As part of the works, the ‘front end’ of the plant has been modified to enable lithium carbonate production from higher grade spodumene feedstock supply from alternative sources, including Talison Lithium.
The plant formerly operated on spodumene feedstock solely sourced from Mt Cattlin in Western Australia and has now transitioned to allow a wider range of feedstock. The modifications works were completed smoothly and the plant will now be operating on higher grade feedstock which is expected to enhance throughput capacity.
The ongoing production ramp-up is part of Galaxy’s strategy to focus on delivering high-purity lithium products and a key component of the strategy to reach break-even levels of production at the Jiangsu plant, near Shanghai, by the end of the year.
Separately, Galaxy reports that it has received an Aus$918,000 reimbursement from the Australian Taxation Office, pursuant to the Research and Development Tax Incentive Program in respect of the financial year ended December 31, 2012.
Galaxy Resources is an Australian-based and ASX-listed global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina. Galaxy has built an advanced and fully-automated Lithium Carbonate production facility in Jiangsu province. The Jiangsu plant has a name-plate annual capacity of 17,000 tonnes, is primarily focused on producing battery grade lithium carbonate, and is aiming to become the largest producer in the Asia Pacific region and the fourth largest in the world.