Talison Lithium Announces Preliminary First Quarter 2012 Sales Volume

Talison Lithium Limited (TSX:TLH) reported its preliminary sales volume and production results for the three months ended September 30, 2011.

As quoted in the press release:

Q1 FY2012 tonnes sold increased 53% compared to Q1 FY2011, to 80,315 tonnes lithium concentrate (or approximately 12,000 tonnes lithium carbonate equivalent (“LCE”)). Demand remains strong for all of Talison’s technical and chemical-grade lithium concentrates. Sales volume is currently limited by the capacity of the processing plants at the Greenbushes Lithium Operations, and is expected to remain constrained until completion of the expansion of production capacity in Q4 FY2012.

Talison Lithium’s President and CEO, Peter Oliver commented:

“Talison continues to experience strong demand from customers across the world. This demand, together with a recent tightening in global lithium supply is expected to enhance Talison’s pricing in the 2012 calendar year.”

Click here to read the Talison Lithium (TSX:TLH) press release. 

Click here to view the Talison Lithium (TSX:TLH) profile.