Hi Kyle. Yes, they would be converting from carb to Hydroxide and supplying Nth Asia which should then bring that price down but the CCP has ordered production to stay in China for domestic use for now, at cheap prices. The tentacles of the CCP are far reaching and no Chinese company will escape the fold. At some stage this may change and that will bring down Nth Asia. That may be their next card. Raw materials suppliers will accelerate conversion facility capacity. That will take time so for now the game will continue and hopefully our BOD can continue their strategic brilliance.
Good News & Bad News, page-25754
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