Lithium Supply Responds To Higher Prices
Australian producers are well placed to contribute to lithium supply needed to feed unprecedented demand for electric vehicles over the coming decade.
Read MoreAustralian producers are well placed to contribute to lithium supply needed to feed unprecedented demand for electric vehicles over the coming decade.
Read MoreAustralian lithium producers Orocobre and Galaxy Resources will merge in an all-paper $4 billion transaction to create what they claim will be the 5th largest producer of the key commodity.
Read MoreAmid burgeoning lithium prices Galaxy Resources has outlined a development plan for Sal de Vida that exceeds expectations on most metrics. What could possibly go wrong?
Read MoreThe broker upgrades its expectations for Sal de Vida to match the plan and raises the target to $4.50 from $4.20.
Read MoreCiti’s visit to Galaxy Resources’ Mt Cattlin site showed operations back at full capacity and with a quick turnaround. A Neutral rating is retained with the target rising to $3.10 from $3.
Read MoreA glance through the latest expert views and predictions about commodities. Base metals; cost curves; lithium; and mine closures.
Read MoreAmid a lack of certainty about when lithium prices will improve Australian spodumene producers are continuing to curtail production.
Read MoreThe stronger-for-longer lithium story is not exactly panning out as such, with a global oversupply emerging and the upbeat blue sky stories supplanted by tales of woe from the emerging producers. The same thing’s happening with that other wonder battery metal, graphite.
Read MoreGalaxy Resources has made a strategic equity investment of $22.5m in Alliance Mineral ((A40)). This takes its holding to 12%. Alliance Mineral is currently ramping up the Bald Hill lithium project in Western Australia and has guided to production of 240,000t of spodumene concentrate in FY20.
Read MoreLithium miner, Galaxy Resources surprised yesterday by selling off some of its South American acreage, a move the market loved, sending the shares up 18% at one stage in trading before they settled back to close the day 14.3% higher at $3.42.
Read MoreNo one much cared earlier this year when there was a particularly nasty takeover battle between Lithium Australia (LIT) as the suitor and Lepidico (LPD) as the target.
Read MoreShares lithium producer Galaxy Resources surged and sagged yesterday in the wake of the release what was on the whole an encouraging production report for the three months to September.
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