To cap off the series, Lithium Investing News has a look at two more companies with lithium projects on the horizon.
Articles Tagged "Galaxy Resources Ltd."
Galaxy Resources Ltd (ASX:GXY) announced that its Jiangsu Lithium Carbonate Plant has reached 386t in the first half of April 2013.
Bolivia’s new lithium carbonate production plant will have little impact on the lithium market. Production from Galaxy Resources, Canada Lithium and Orocobre is expected to have more of a significant impact on supply and prices.
Galaxy Resources Ltd. (ASX:GXY) has confirmed that it has been informed by East China Mineral Exploration & Development Bureau that its Board has already withdrawn from the proposed investment in Galaxy.
Galaxy Resources Ltd (ASX:GXY) announced its production at its Jiangsu Lithium Carbonate Plant totalled 350 tonnes in August.
Mining Weekly reported that Iggy Tan, Managing Director of Galaxy Resources Ltd. (ASX:GXY), sees Rockwood Holdings Inc.'s announcement that it will raise lithium salt prices by $1,000/t as positive.
Galaxy Resources has provisionally chosen the site for its proposed lithium-ion battery project in China. The proposed site is also in close proximity to some of the major Chinese electric bike manufacturers, which could be critical in developing strategic alliances or marketing agreements with potential end-customers.