Galaxy Resources Limited (ASX:GXY) Positive Results From The Final Jiangsu Definitive Feasibility Study

  Tokyo, Japan, Oct 22, 2009 - (ABN Newswire) - Emerging lithium producer Galaxy Resources Limited (ASX:GXY)(PINK:GALXF) is pleased to announce positive results from the final Definitive Feasibility Study (DFS) into downstream processing of lithium carbonate at its Jiangsu Lithium Carbonate Plant.The estimated capital cost is CNY 342 million or A & #36;55 million (based on an exchange rate of RMB:AUD of 6.2).  

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