Saturday, September 8, 2012

Galaxy Resources Produces 350 Tonnes Of Lithium

Galaxy Resources Ltd (ASX:GXY) announced its production at its Jiangsu Lithium Carbonate Plant?totalled 350 tonnes in August.

As quoted in the press release:

August sales totalled 268 tonnes generating revenue in excess of A$1.6 million (RMB10.5 million) for the month. Galaxy commenced battery grade lithium carbonate sales with overall product acceptance. August sales were still based predominantly on technical grade product. Going forward, battery grade sales revenue is expected to increase as more customer product qualifications are completed.

Click here to read the Galaxy Resources Ltd. (ASX:GXY) press release.

Source: http://lithiuminvestingnews.com/6357/galaxy-resources-produces-350-tonnes-of-lithium/

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