For personal use only - ASX · 2009. 11. 18. · MT CATTLIN SPODUMENE PROJECT meeting a lithium future Earthmoving – Martins Mining ... Pj Pl t i P t i Jan 10 Project Planning Permit

meeting a lithium future

ANNUAL GENERAL MEETINGANNUAL GENERAL MEETINGANNUAL GENERAL MEETINGSHAREHOLDER UPDATE

ANNUAL GENERAL MEETINGSHAREHOLDER UPDATE

Galaxy Resources LimitedGalaxy Resources Limited

Galaxy Video

By Iggy TanManaging Director

Galaxy Resources Limited

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The following presentation represents Galaxy’s management’s best judgment at the time of presentation. The contents include forward looking statements prepared on the basis of assumptions which may prove to be incorrect. This presentation should not g p p p y p pbe relied upon as recommendation or forecast by Galaxy Resources Limited. No representation or warranty is made as to accuracy, completeness or reliability of the information

Competent PersonspInformation that relates to Mineral Resources in this report is based on information compiled by Mr. Robert Spiers who is a fulltime employee of Hellman & Schofield Pty Ltd. Information that relates to Exploration Results including exploration data and geological interpretations is based on information compiled by Mr Philip Tornatora who is a full time employee of Galaxy. Mr Spiers and Mr Tornatora are Members of the Australian Institute of Geoscientists and qualify as Competent Persons as defined in the 2004 JORC Code. Mr. Spiers and Mr Tornatora consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.

Information in this report that relates to Mineral Ore Reserves is based on information compiled by Mr. Glenn Williamson who i f ll ti l f Mi i R Pt Ltd M Willi h ffi i t i hi h i l t t th t l fis a full time employee of Mining Resources Pty Ltd. Mr. Williamson has sufficient experience which is relevant to the style ofmineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Personas defined in the 2004 JORC Code. Mr. Williamson consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.


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Ground Breaking Ceremony – Friday 6 Nov 2009

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Premier looking over the UWA Plug In Electric Vehicle

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Premier of Western Australia, Hon Colin Barnett MLA

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Ground Breaking Ceremony – Friday 6 Nov 2009

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IN A GOOD POSITIONIN A GOOD POSITIONmeeting a lithium future

IN A GOOD POSITIONIN A GOOD POSITION

Good BoardGood Management Team Good BoardGood Management Team gFully FundedCash of $60 million

gFully FundedCash of $60 million


Mitsubishi Aust, Kenjiro Fujimoto and Creat CEO Ren Xiaojian

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Premier Barnett and GXY Managing Director Iggy Tan

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Galaxy Chairman – Craig Readhead

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MT CATTLIN SPODUMENE PROJECTMT CATTLIN SPODUMENE PROJECTmeeting a lithium future

MT CATTLIN SPODUMENE PROJECTMT CATTLIN SPODUMENE PROJECT

Earthmoving has commencedSite office been established in RavensthorpeEarthmoving has commencedSite office been established in RavensthorpeSite office been established in RavensthorpeConstruction Supervisor on siteCrusher units ordered

Site office been established in RavensthorpeConstruction Supervisor on siteCrusher units orderedAll long lead items orderedConcrete works commencing before ChristmasFi li i th t ti b d t

All long lead items orderedConcrete works commencing before ChristmasFi li i th t ti b d tFinalising the construction budgetFinalising the construction budget


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-20mm Ore Bin

ROM

Primary Crusher

Galaxy Resources Limited Mt Cattlin Final Design Completed

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Construction has Commenced at Mt Cattlin

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MT CATTLIN SPODUMENE PROJECTMT CATTLIN SPODUMENE PROJECTmeeting a lithium future

MT CATTLIN SPODUMENE PROJECTMT CATTLIN SPODUMENE PROJECT

Earthmoving – Martins Mining (local firm)Mining Contract – Receiving Tenders Earthmoving – Martins Mining (local firm)Mining Contract – Receiving Tenders Mining Contract Receiving Tenders Power Generation – TBA 2 weeksMining Contract Receiving Tenders Power Generation – TBA 2 weeks

Chris Rainsford - Resident Manager Phil Harris - SHE ManagerP i d Mi i M

Chris Rainsford - Resident Manager Phil Harris - SHE ManagerP i d Mi i MProcessing and Mining ManagerProcessing and Mining Manager


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Construction has Commenced at Mt Cattlin

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JIANGSU LITHIUM CARBONATE PLANTJIANGSU LITHIUM CARBONATE PLANT


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JIANGSU LITHIUM CARBONATE PROJECTJIANGSU LITHIUM CARBONATE PROJECTmeeting a lithium future

JIANGSU LITHIUM CARBONATE PROJECTJIANGSU LITHIUM CARBONATE PROJECT

DFS completed by Hatch EngineeringCapital Cost is A$55 m vs A$50 m estimateDFS completed by Hatch EngineeringCapital Cost is A$55 m vs A$50 m estimateCapital Cost is A$55 m vs A$50 m estimateBased on Vendor quotesUrumqi testwork produced battery grade 99.6% Li2CO3

Capital Cost is A$55 m vs A$50 m estimateBased on Vendor quotesUrumqi testwork produced battery grade 99.6% Li2CO32 3EPCM contract to be awarded in 2 weeksGalaxy office at Zhangjigang CityE i t l A l b Ji P i i l B f

2 3EPCM contract to be awarded in 2 weeksGalaxy office at Zhangjigang CityE i t l A l b Ji P i i l B f Environmental Approval by Jiangsu Provincial Bureau of Environmental Protection Environmental Approval by Jiangsu Provincial Bureau of Environmental Protection


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Two Lions Logistics Wharf

Two Lions Acid Plant

Jiangsu LC Plant


Jiangsu Lithium Carbonate Plant

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Jiangsu Lithium Carbonate Plant

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GALAXY OFFICE IN FINANCE BUILDINGGALAXY OFFICE IN FINANCE BUILDINGmeeting a lithium future

GALAXY OFFICE IN FINANCE BUILDINGGALAXY OFFICE IN FINANCE BUILDING


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ENVIRONMENTAL APPROVAL ENVIRONMENTAL APPROVAL meeting a lithium future

ENVIRONMENTAL APPROVAL ENVIRONMENTAL APPROVAL

Environmental Impact Assessment

Safety Impact Assessment

Oct 09

Nov 09Safety Impact Assessment

Energy Saving Assessment

Nov 09

Nov 09

Project Application

Business License

Dec 09

Dec 09

Land Usage Right Certificate

P j t Pl i P it

Jan 10

F b 10Project Planning Permit

Construction Permit

Feb 10

Mar 10


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JIANGSU LITHIUM CARBONATE PROJECTJIANGSU LITHIUM CARBONATE PROJECTmeeting a lithium future

JIANGSU LITHIUM CARBONATE PROJECTJIANGSU LITHIUM CARBONATE PROJECT

Appointed Mr Wang Xiao Yi – Operations Manager 32 years experience Xingjiang Lithium Carbonate PlantAppointed Mr Wang Xiao Yi – Operations Manager 32 years experience Xingjiang Lithium Carbonate Plant32 years experience Xingjiang Lithium Carbonate PlantVice General Manager, 12 years marketing Management team appointed

32 years experience Xingjiang Lithium Carbonate PlantVice General Manager, 12 years marketing Management team appointedLaura Lu - Financial ControllerGuli Baghdati - Commercial & Export ManagerSHE M HR M

Laura Lu - Financial ControllerGuli Baghdati - Commercial & Export ManagerSHE M HR M SHE Manager, HR Manager SHE Manager, HR Manager


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EXTENSION DRILLING PROGRAM EXTENSION DRILLING PROGRAM


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IN A GOOD POSITIONIN A GOOD POSITIONmeeting a lithium future

IN A GOOD POSITIONIN A GOOD POSITION

Good BoardGood Management Team Good BoardGood Management Team

16m @ 1.35% Li2O

9m @ 2.13% Li2O gFully FundedCash of $60 million

gFully FundedCash of $60 million 9m @ 1.78% Li2O

4m @ 1.82% Li2O

5m @ 1.93% Li2O 9m @ 1.41% Li2O


Overall Resource Grade 1.08% Li2O

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MARKETING MARKETING


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China Mining Congress - Tianjin

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Documents

For personal use only - ASX · 2009. 11. 18. · MT CATTLIN SPODUMENE PROJECT meeting a lithium future Earthmoving – Martins Mining ... Pj Pl t i P t i Jan 10 Project Planning Permit