Galaxy Resources Limited

The Australian market rose through the 4,000 level on Wednesday, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 surged 61.9 points, or 1.56 per cent, to 4,017.2, while the broader All Ordinaries was 61.2 points, or 1.55 per cent higher, at 4,009.3.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has secured a key supply of soda ash for its proposed lithium carbonate plant in Jiangsu Province, China. The Company has signed a Letter of Intent (LOI) with the Jiangsu Huachang Chemical Co. Limited (Huachang) to supply 40,000 tonnes of soda ash (Na2CO3) per annum for 15 years.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has secured a key supply of soda ash for its proposed lithium carbonate plant in Jiangsu Province, China. The Company has signed a Letter of Intent (LOI) with the Jiangsu Huachang Chemical Co. Limited (Huachang) to supply 40,000 tonnes of soda ash (Na2CO3) per annum for 15 years.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) is pleased to announce a new resource statement for the Mt Cattlin Lithium-Tantalum project near Ravensthorpe, Western Australia. The previous resource estimation was released in December 2007 and since then, additional drilling, modelling and evaluation conducted as part of the Mt Cattlin Definitive Feasibility Study (DFS) has increased the project's total contained lithium oxide resource by 26% to 155,000 tonnes.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) is pleased to announce a new resource statement for the Mt Cattlin Lithium-Tantalum project near Ravensthorpe, Western Australia. The previous resource estimation was released in December 2007 and since then, additional drilling, modelling and evaluation conducted as part of the Mt Cattlin Definitive Feasibility Study (DFS) has increased the project's total contained lithium oxide resource by 26% to 155,000 tonnes.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) is pleased to announce a new resource statement for the Mt Cattlin Lithium-Tantalum project near Ravensthorpe, Western Australia. The previous resource estimation was released in December 2007 and since then, additional drilling, modelling and evaluation conducted as part of the Mt Cattlin Definitive Feasibility Study (DFS) has increased the project's total contained lithium oxide resource by 26% to 155,000 tonnes.

The Australian share market showed a quiet response to the federal budget and closed in thin trading on Wednesday. Meanwhile, a growing list of companies seeking capital raising also absorbed attention from investors. The benchmark S&P/ASX200 index fell 21.1 points, or 0.54 per cent, at 3856.1, while the broader All Ordinaries index dropped 21.1 points, or 0.55 per cent, to 3842.5.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) is pleased to announce that it has raised A$6.65 million via a capital book build to sophisticated investors of State One Stockbroking.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has selected a location for its proposed lithium carbonate plant in China. The site selected is within the Jiangsu Province Zhangjiagang Free Trade Zone of the Yangtze River International Chemical Industrial Park in Jiangsu Province of China.

Emerging lithium producer, Galaxy Resources Limited (ASX:GXY) today announced it has selected a location for its proposed lithium carbonate plant in China. The site selected is within the Jiangsu Province Zhangjiagang Free Trade Zone of the Yangtze River International Chemical Industrial Park in Jiangsu Province of China.