When Galaxy Resources opened the Jiangsu lithium carbonate plant in China in March 2012 it was the only Australian company with a major presence in the nascent market.
Following an explosion that killed two workers and operational challenges, the troubled plant was sold for $US173 million in 2015.
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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.