I think Galaxy is doing it right. The big money is in high grade lithium. When the plant is in production of battery grade lithium, Galaxy is worth billions.
Talison is mentioned in the June report and has its mine near Mt Cattlin. Talison mines and sells technical and chemical grade lithium. This returns little compared to high grade lithium and IMO is wasting the resource. Talison wants a minerals conversion plant to produce high grade lithium but Galaxy is years ahead of them on this.
Talison just announced 33% increase in sales and their sp has jumped 7.2%. Here is what they say...
"We are very optimistic about the outlook for Talison as a result of the rapidly changing supply/demand dynamics developing in the lithium industry. Recent substantial price increases from other lithium suppliers are reflective of a tightening in supply conditions while global demand remains strong. In anticipation of sustained growth in lithium consumption, driven primarily by the secondary lithium battery market."
www.talisonlithium.com
Media article
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