lithium Miner

Galaxy Resources [ASX:GXY] (OTCPK:GALXF)

On October 28, Galaxy Resources announced: "September 2020 quarterly activities report." Highlights include:

Sal de Vida, Argentina

"Latest process testwork and piloting onsite has successfully produced technical grade lithium carbonate from Sal de Vida brine.
Sal de Vida now targeting technical grade lithium carbonate for Stage 1, increasing revenue and expanding the customer base.
The design phase is progressing with front-end engineering design (“FEED”) of the wellfield and ponds 45% complete.
The second FEED package for the process plant and infrastructure was awarded and a 7-month program is underway.
Wellfield drilling is on track to commence in Q4 with the objective to install first production wells for brine operations."

https://seekingalpha.com/article/439...-november-2020
 
Galaxy Resources, Neo Lithium

The Chinese domestic battery-grade lithium carbonate price moved up by 2.4% on Thursday November 26, resuming the uptrend that began in mid-October as a result of resolutely high offers from producers and tight spot supply.

Bullish sentiment and high offer prices push China’s battery-grade lithium carbonate assessment up again.
China’s industrial-grade lithium carbonate prices also moved up on tight supply.
Asian battery-grade lithium spot market remained rangebound but with a negative bias, particularly for hydroxide.
Europe and US lithium hydroxide market dipped on bearish demand sentiment.
Bullish offers from Chinese battery-grade lithium carbonate producers continued to drive the upward price momentum in the domestic market. Producers cited tight spot supply and a positive outlook as reasons for their high offers.
https://seekingalpha.com/article/4391441-lithium-miners-news-for-month-of-november-2020
 
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