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.
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Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.
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