Perth, June 25, 2009 (ABN Newswire) - Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced that it has secured the Works Approval and License to Operate from the Department of Environment and Conservation (DEC) to commence construction of the minerals processing plant at its Mt Cattlin Lithium Project, near Ravensthorpe, Western Australia.
The Works Approval allows Galaxy to commence the earthworks and construction of the minerals processing plant with the associated site infrastructure at Ravensthorpe. The License to Operate issued by the DEC is the approval required for the Company to operate the proposed mineral beneficiation and processing facility.
Managing Director, Iggy Tan, said that this is a very significant milestone for the project. "The only outstanding approval for the commencement of the project is the Mining Approval from the Department of Mines and Petroleum (DoMP) to begin prestrip and mining. The mining approval process is well advanced and Galaxy expects to obtain final approval within the next month".
About Galaxy Resources Limited
Galaxy Resources (ASX: GXY) is an emerging mining and chemical company focusing on lithium and tantalum production. Galaxy is at an advanced stage of developing its Mt Cattlin Lithium Project (hard rock spodumene) in Ravensthorpe, Western Australia. The Project encompasses a mine and minerals plant which will produce 137,000 tpa of 6% Li2O spodumene concentrate. Galaxy intends to add value to the Mt Cattlin Project by establishing its own downstream lithium processing facilities in China.
The Company is finalising plans to establish a lithium carbonate chemical facility in Jiangsu Province, producing 17,000 tpa of lithium carbonate.
Galaxy Resources Limited
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