China, page-21

Hi Dttk. Yes it is. All commodities are priced in USD as you say - So product shipped to customers at present are paid in USD as per each contract of shipment - that USD amount is then exchanged to AUD and the higher the AUD the higher Lynas receives. Many commodities go through a commodities brokerage firm - possibly based in Singapore and some are direct between customer/supplier - either way it has to go through the exchange system.

shipment value
USD20,000,000
EXCH RATE x73c
=AU14,600,000.

shipment value
USD20,000,000
EXCH RATE x70c
=AU14,000,000

So yes important now but even more so on increased production when Kal comes on line. It's a good point you raise - most are fixated on commodity pricing which is obviously number one - but the exch rate - the govt tax concessions - import duty concessions obtained by companies - 20 year depreciations that these very well paid international accountancy firms like Deloittes do is hugely important.
Could see quiet a hit on inflationary costs for operations and shipping we already know will be up more just on fuel alone. Even Kal build could see a cost increase which Amanda and team were focused with - on time and on budget. Will be interesting as all key items - long lead items already contracted out (supporting mostly local KAL - WA based firms).