GALXF News and Press, Galaxy Resources Ltd From 05/25/21

Lithium prices rose the past month (especially hydroxide prices). SQM's Daniel Jimenez - "Lithium prices unlikely to fall from current level." Lithium market news - S&P Global Market Intelligence forecasts the lithium market to move into deficit in 2025. Lithium producers grow bul...

Demand for electric vehicles is going to impact demand for lithium and cobalt. We provide a tracker that shows all the industrial demand in the pipeline, and this is just a fraction of the total demand coming. While many cobalt stocks exist, one has caught our eye which we cover i...

Galaxy Resources' planned merger with Orocobre is set to create a new major player in the lithium production space. The deal adds scale and development know-how, which should accelerate the growth path ahead. Valuation-wise, the merger should allow for a re-rating toward Galaxy's ...

The lithium space has been gathering interest from diverse investors over the past few months as electric vehicle demand continues to increase. Prices have performed better than many analysts expected at the end of 2020, a year that was marked by the coronavirus pandemic...

Lithium prices continued to rise the past month. Lithium market news - BMI reports we are now at 200 Li-ion battery gigafactories by 2030. USA facing a lithium-ion battery shortage as EVs ramp up. Biden $174m EV plan. Lithium company news - SQM signs long-term lithium hydroxide su...

Gold continues to perform well in the second quarter . After starting this week around the US$1,780 per ounce mark, the yellow metal nearly reached US$1,800 mid-week. Experts have pointed to lower US 10 Year Treasury yields as at least part of the reason for gold&#...

Australia’s Orocobre (TSX: ORL ,ASX:ORE) and Galaxy Resources (ASX: GXY ,OTC Pink:GALXF) agreed this week to join forces in a AU$4 billion “merger of equals.” The deal comes as demand for lithium for electric vehicle (EV) batteries continues to pick up pace. ...

Orocobre (OROCF) agrees to acquire Australian lithium mining peer Galaxy Resources (GALXF) in an all-stock deal that will create the world's fifth largest global lithium chemicals company.Based on the companies’ closing share prices on Friday, the combined company would have a market v...

With competition from Chinese imports, steel prices haven't been as strong in South Korea as in the U.S., but a better than 25% QOQ improvement is still positive for POSCO. Strong prices are coming with improving demand across a wide range of end markets, including autos, appliances, ...

Lithium prices surged higher the past month. Lithium market news - UBS forecasts overall lithium demand to lift 11-fold from ~400kt in 2021 through to 2030. Carmakers desperate to find reliable EV battery supply. Lithium company news - Galaxy Resources James Bay - Pre-tax NPV8% of...