Creat Sends Second Shipment to China

IBTimes reports that Creat Resources Holdings (LON:CRHL)  has exported a second shipment from Western Australia to China.

The market news is quoted as saying,

The shipment of spodumene has a commercial value in excess of $4.5m.

Approximately 19,200 tonnes of spodumene was loaded on the MV Karine bulker at the Bunbury Port on 30 June 2011 bound for the Port of Zhangjiagang in the People’s Republic of China.

Galaxy produces spodumene concentrate at its Mt Cattlin mine and plant near Ravensthorpe. Spodumene is converted into lithium carbonate, a key ingredient in lithium-ion batteries.

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