GMM general mining corporation limited
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News: GMM Galaxy Resources says lithium concentrate offtake signed for Mt Cattlin

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    08/03/16
    09:45
    Post #: 17213543

    March 8 (Reuters) - Galaxy Resources Ltd (GXY) :

    • Lithium concentrate offtake signed for mt cattlin (GXY)
    • Prepayment of 50% of total order value (US$18M) to be paid in cash, before 31 March 2016
    • Total expected 2016 production at a minimum of 65,000 tonnes
    • Says binding agreements signed with major Chinese customers
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