GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-4924

  1. 169 Posts.
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    Folks,
    if you look at the end to end lithium supply chain, the biggest bottleneck is the lack of Converters- I.e. from Spodumene to Lithium compounds. The old timers will remember we used to own 1 that we offloaded to Tianqi for USD 200 Million. I understand there is significant investment currently underway to expand and build new converters however it will only materialise towards the 2nd half of this year.
    I was just wondering it will cost us to take a position in an existing or a new Conversation facility. Any one with an idea/thoughts on probable candidates, cost etc. be nice.



 
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