GXY 0.00% $5.28 galaxy resources limited

Hi all Been doing a little research and noticed this. " Tesla...

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    Hi all
    Been doing a little research and noticed this.


    " Tesla has signed a long-term lithium hydroxide supply deal with China’s Sichuan Yahua Industrial Group. The Chinese group disclosed the 5-year supply agreement in a filing to the Shenzhen Stock Exchange today.Reuters reports:“Yahua, which is based in southwest China’s Sichuan province, did not provide tonnage figures but, in a filing to the Shenzhen Stock Exchange, put the total value of the contract at $630-880 million over 2021-25. was posted by Fred Lambert- Dec. 29th 2020"

    Considering we have a supply deal with this group i think its very good.

    "Lithium miner Galaxy Resources (ASX: GXY) has signed up long-term Chinese customer Sichuan Yahua Industrial Group to a new three-year supply deal for its Mt Cattlin spodumene concentrate. posted July 13, 2020 | Mike Cooper"
 
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