Shares in Galaxy jumped on 29 November after it said it had signed a series of long-term lithium off-take agreements with customers in Asia . In the period since it has more than doubled. The 2022 deals cover are for a minimum of 200,000 tonnes per annum of lithium concentrate, guaranteeing buyers for all the output of Galaxy 's Mt Cattlin mine in Western Australia as far ahead as 2018 . Galaxy also said it would be paid a higher "headline" price for its product in five-year than 2017.
Shares in Galaxy jumped on 29 November after it said it had signed a series of long-term lithium off-take agreements with customers in Asia . The 2022 deals cover are for a minimum of 200,000 tonnes per annum of lithium concentrate, guaranteeing buyers for all the output of Galaxy 's Mt Cattlin mine in Western Australia as far ahead as 2018 . Galaxy also said it would be paid a higher "headline" price for its product in five-year than 2017.