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0.00% $5.28 galaxy resources limited

Ann: Multiyear offtake extension executed, page-4

  1. Ninja Tuna
    2,848 Posts.
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    13/07/20
    08:34
    Post #: 45814649
    Meiwa Corporation (Meiwa) for 55,000 dmt (+/- 10%) per annum of 5.7% spodumene concentrate up to 31 December 2022 on
    a take or pay basis; and
    Yi Chun Yin Li New Energy Co., Ltd (Jiangte) for 45,000 dmt (+/- 10%) per annum of 6% Li2O spodumene concentrate in 2020
    and 60,000 dmt (+/- 10%) per annum of 6% Li2O spodumene concentrate in 2021 and 2022 on a take or pay basis.


    Galaxy's spodumene is essentially sold out for next few years



    GXY Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
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