PERTH, Australia, Dec. 12, 2012 /CNW Telbec/ - Galaxy Resources Ltd (ASX: GXY) ("Galaxy" or "the Company") confirms that following an incident at its Jiangsu Lithium Carbonate
Plant ("Jiangsu" or "the Plant") in China on 22 November, the local Safety Bureau has released the
incident site (Area 60) to the Company to commence the clean-up and
Following discussions with the local Safety Bureau, the Company has
proposed a refurbishment plan for the affected Area 60 including the
replacement of ruptured pipe work. Subject to government approval to
re-open the site, the Company plans to complete the refurbishment and
shutdown work and be in a position to re-commence operations early
The remainder of the site was released to the Company last week for
further safety inspections, and scheduled shutdown and maintenance
work. So far, the Company has replaced some of the inlet kiln
refractory and installed additional kiln lifters.
Product sales, customer testing and qualification will continue over the
next few months supported by available product inventory.
The Company is working closely with authorities to ensure complete and
ongoing safety of the Plant before re-commencement of operations.
SOURCE: Galaxy Resources Limited
For further information:
Galaxy Resources Ltd
Tel (office): +61 (0)8 9215 1700
Tel (office): +61 (0)8 9485 8888
Tel (mobile): + 61 (0)488 400 248