Buy Galaxy: Talison Lithium achieves 15% price increase
" Perth, Western Australia, December 22nd 2011: Talison Lithium Limited ("Talison") (TSX:TLH| US: TLTHF) advises that it has concluded negotiations with its customers with regards to first half calendar 2012 sales. A price increase of 15% has been agreed with customers across Talison's entire product range. Approximately 75% of sales for the period have been contracted with the balance to be sold to other customers who typically contract on a shipment by shipment basis. " read more
This IMO bodes well for Galaxy Resources (ASX: GXY) Australia's only ASX listed Lithium producer. Read more about GXY |
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