Nobody seems to be taking into account the lithium that was exported to China during the last couple of years from Bald Hill. It has been seen that this volume was sold at half the normal cost (to minimise tax in WA). It is this that has been stockpiled (as they knew at some stage the gravy train would be stopped) and also led to the reported reduced cost of lithium that is being broadcast as the reason for drop in Company's performances. We know Bald Hill mine is still shipping product and there is ongoing (protracted) negotiation into the fate of the mine. Once this is expedited, surely we can expect to see prices return to where they should be.
Good News & Bad News, page-34265
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