Galaxy Resources Limited

Galaxy Resources Limited (ASX:GXY) is pleased to announce it has delivered the second shipment of tantalum concentrate from its Mt Cattlin mine in Western Australia, under its five-year sales agreement with Global Advanced Metals Pty Ltd ("GAM").

Managing Director of Galaxy Resources Limited, Iggy Tan presented at the 2nd Lithium Asia Conference in Shanghai, China on 23 September 2011. Mr Tan opened his presentation by addressing a very serious point for the health of the Chinese lithium industry.

Galaxy Resources Limited (ASX:GXY) advises that final-stage construction of the Jiangsu Lithium Carbonate Project (the Project or Jiangsu) continued on schedule during September 2011, with good progress made in all remaining areas.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce that it has commenced a Definitive Feasibility Study (DFS) on the James Bay Spodumene Project (James Bay) in Quebec, Canada, the completion of which will allow Galaxy to increase its stake in the project to 70%.

Galaxy Resources Limited (ASX:GXY) is pleased to advise it has signed off-take framework agreements with 13 Chinese electric bicycle (e-bike) manufacturers for 100% of the battery production from its proposed Lithium-Ion Battery Project (Battery Project) in China's Jiangsu province.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to advise that the Company has received approaches by five major Chinese banks regarding funding of the Company's proposed Lithium-Ion Battery Project (Battery Project) in China's Jiangsu Province.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) advises that final-stage construction of the Jiangsu Lithium Carbonate Project (the Project or Jiangsu) continued on schedule during August 2011, with good progress made in all areas.

Lithium-focused Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) is pleased to announce further solid production performance at its Mt Cattlin spodumeme mine and processing facility near Ravensthorpe in Western Australia. Spodumene concentrate production in July totalled 8,916 wet metric tonnes, a 25% increase from the previous month.

Galaxy Resources Ltd (ASX:GXY) (PINK:GALXF) is pleased to announce it has signed a technology license agreement with the well established US-based lithium ion battery producer K2 Energy Solutions Inc.

Galaxy Resources Limited (ASX:GXY) (PINK:GALXF) wishes to advise that construction and fabrication labour shortages in China's Jiangsu region have contributed to a revised commissioning schedule of the Jiangsu Lithium Carbonate Project (the Project or Jiangsu), to be staged over the next five months.