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Talison increases W.A. Greenbush production
The world's biggest lithium producer, Talison Lithium, has reported record production from its Greenbushes mine after signing off on a $70 million expansion intended to help it cash in on surging global demand.
Talison's March-quarter result - the first to factor in extra capacity from a recently completed stage one expansion at Greenbushes - had production and sales up 33 per cent and 74 per cent respectively. Greenbushes is the biggest hard-rock lithium mine in the world, producing as much as one-third of global supply. Talison also owns exploration assets in Chile. Read full story: http://au.news.yahoo.com/thewest/bus...m-greenbushes/ Unfortunately Talison Lithium is not listed on our Australian ASX. You can gain exposure to it via the TSX... But in the meantime ASX: GXY Mt Caitlin mine is on stream and following its recent dip in share price could represent good buying..... Read about ASX listed Lithium plays here at www.australian-lithium.com
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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