CAMBODIA - Oz Minerals sells gold assets

OZ Minerals has signed a sale agreement for its Cambodian gold assets, netting the equivalent of Aus$17.8 million in cash, shares and options. Western Australia-based gold explorer Renaissance Minerals has agreed to the purchase with possible future payments of a further Aus$22.5 million once certain milestones are achieved.  1

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CHINA - Galaxy opens Jiangsu lithium carbonate plant

Galaxy Resources has officially opened its Aus$100 million Jiangsu lithium carbonate plant in China’s Jiangsu province. The plant is the largest-capacity battery grade lithium carbonate production facility in the Asia Pacific region and is in the Zhangjiagang Free Trade Zone (FTZ). 1

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