KLL 0.00% $7.28 kalium lakes limited

KLL has no transport? Who would of thought?, page-102

  1. 313 Posts.
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    There is a critical shortage of drivers in Western Australia there isn't much doubt about that as the following news articles show.

    https://premium.goauto.com.au/wa-addresses-shortage-of-truck-drivers/
    https://www.copyright link/companies/mining/trucking-demand-about-to-soar-as-driver-shortage-bites-miners-bis-ceo-20210416-p57jxh
    https://www.fullyloaded.com.au/industry-news/2104/transport-skills-shortage-hitting-wa-economy-says-wrf
    https://asia.nikkei.com/Business/Markets/Commodities/Australian-mining-industry-digs-deep-for-labor-shortage-answers

    A quote from one of the article shows some companies haven't been able to deliver all of the product that they had available.
    '* The nation’s largest grain exporter, WA based CBH, has missed multiple international orders due to supply chain issues caused by a shortage of train and truck driversOne of the largest WA mining companies, Mineral Resources Ltd (MRL) noting it had only shipped 8.5 million tonnes of the 10.1 million tonnes it had produced due to road haulage constraints.'

    The government has recognised this as it should due to the importance of trucking to the WA economy and is attempting to train extra drivers. These shortages are rarely fixed quickly.

    Whilst KLL may end up being OK and somehow be totally unaffected by the critical driver shortage there is some risk that they will be impacted. Whilst the driver shortage has not been caused by KLL it doesn't mean it can't cause a problem and we shouldn't be at all surprised if at some stage there is a comment about reduced volumes and transport shortages.
 
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