• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Battery Metals Market
    Battery Metals News
    Battery Metals Stocks
    • Battery Metals Market
    • Battery Metals News
    • Battery Metals Stocks
    lithium investing

    Galaxy Resources Positive About Lithium Salt Price Increase

    Charlotte McLeod
    May. 16, 2012 11:08AM PST
    Battery Metals

    Mining Weekly reported that Iggy Tan, Managing Director of Galaxy Resources Ltd. (ASX:GXY), sees Rockwood Holdings Inc.’s announcement that it will raise lithium salt prices by $1,000/t as positive.

    Mining Weekly reported that Iggy Tan, Managing Director of Galaxy Resources Ltd. (ASX:GXY), sees Rockwood Holdings Inc.’s announcement that it will raise lithium salt prices by $1,000/t as positive.

    As quoted in the market news:

    This was the second time that Rockwood has hiked its lithium salt prices in as many years, after announcing a 20% increase in June last year.

    Galaxy MD Iggy Tan said on Wednesday that it was an ‘encouraging sign’ for the potential prices the company could receive for output from its Jiangsu lithium carbonate plant, in China.

    Click here to read the full Mining Weekly report.

    rockwood holdingsgalaxy resources ltd.rockwood holdings incjiangsu lithium carbonate plantchinalithium investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Lithium periodic symbol and electric vehicle.

    7 Biggest Lithium-mining Companies in 2025

    Glowing blue neon outline of three batteries with lightning symbols.

    Lithium Market Update: Q3 2025 in Review

    Latest News

    Homerun Resources Inc. Financings Update

    NAE Raises $3.75m to Advance Wagyu and Lammerlaw

    Despatch of SPP Offer Documents

    Collie land acquisition & approvals move ahead

    GreenRoc secures EUR 5m Loan Facility with Danish Export and Investment Fund

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Battery Metals Stocks

    Green Technology Metals

    GT1:AU

    International Lithium Corp.

    ILC:CA

    Lithium Africa

    Atlantic Lithium

    A11:AU

    Galan Lithium

    GLN:AU

    Jindalee Lithium

    JLL:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES