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The Jiangsu lithium plant in China.

Galaxy's $223m Jiangsu sale almost done

Galaxy Resources’ $223 million sale of its Jiangsu lithium carbonate plant to a Chinese buyer has received shareholder approval from both parties after multiple delays and timeframe extensions.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
171stTroy Resources19%-35%
272ndMillennium Minerals0%0%
499thGalaxy Resources-30%69%
555thAlkane Resources-38%-9%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/17
$140k Bought
21/12/17
$626k Other
18/07/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

28th↑Alkane Resources$130.3m
29th↑Galaxy Resources$128.1m
31st↑Troy Resources$116.5m
32nd↓Millennium Minerals$116.0m
509 listed resources companies ranked by revenue.
Source: Morningstar

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