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Main Forum•Time to buy GXY on back of Talison's price increase

- Sparty
- December 2011
- Permalink
" 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.

Read more about GXY

www.australian-lithium.com

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