Galaxy Resources Opens Lithium Mine Project at Ravensthorpe in Western Australia

Australian mining companies will make lithium mining exploration Ravensthorpe, Western Australia. Ravensthorpe mine in the area once used by the mining company BHP Billiton nickel mine exploration, but exploration of the nickel mines closed, so that the people in the Ravensthorpe area lost their jobs. Re-opening of mining exploration activities in the area of lithium Ravensthorpe mine gave good news to the residents agree, because the area around Ravensthorpe I will get the job.
Galaxy Resources Director Iggy Tan said, "that this project will provide significant benefits to the region Mt Cattlin using a workforce housing, with a flow-on effects to local industries and businesses. In 2010, I'll Mt Cattlin second largest in spodumene world of hard rock producer, and will be one of the three current lithium minerals mined commercially, together with petalite and lepidolite. "

Independent research house Stock Resource, said in a research note this week that the Galaxy and Orocobre Ltd is the only Australian listed on the stock exchange companies that offer investors exposure to lithium, with a focus on Orocobre argentina.