I agree. It's serious business for supplies moving forward, no frivolities!
Force majeure has affected Syrah's Balama graphite factory. It was South32's Mozal aluminium facility earlier in the week. The recent elections in Mozambique have caused protests and discontent.
The main concern of all offtake partners is supply reliability, both now and in the future. Regretfully, Africa might find it difficult to ensure a steady supply in the future. The region is currently dealing with a variety of incapabilities and political instability that could take many years to address.
Fortunately, RNU's BAM project is situated in a country with stable governing systems, a great reputation for environmental sustainability, making it a safe mining jurisdiction to do business for many decades.
Where are the Multinationals going to get secure supply from, if not from China. The choices are limited.
AIMO, DYOR GLTA(patient)H
Add to My Watchlist
What is My Watchlist?
